Question
Marked price of an article is Rs.420 more than its cost
price. If profit earned is equal to the discount given then find the profit earned?Solution
According to the question, => CP + P = MP – D => P + D = MP – CP => 2P = 420 => P = 210
If the ratio of the sum invested and simple interest received after 1 year is 20:7 respectively, then find the rate of interest.
Rahul invested a certain amount at a simple interest rate of 8% per annum, and after 6 years, it grew to Rs. 1,850. If he had instead invested the same ...
The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is la...
Rs. 7000 is invested in scheme ‘A’ for 2 years and Rs. 5000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 15% ...
- An amount was invested at a simple interest rate. After 6 years, it amounted to (126/108) times the amount it had reached in 4 years. What is the rate of i...
A table is available for Rs.350 or for Rs. 150 cash down payment together with Rs.230 to be paid after two months. Find the rate of interest charged und...
An individual invests ₹1,200 at a simple interest rate of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains...
A certain sum of money will be doubled in 25 years at the rate of simple interest percent per annum is:
A certain sum of money becomes 5 times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of s...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 122% of itself in 5 years. Find the interest earned when Rs. 3000 is in...
Relevant for Exams:
