Question
Profit after selling an article for Rs. 870 is 16 (2/3)%
more than the loss incurred when it is sold at Rs. 740. What would be the selling price if he want to earn a profit of 37.5%?Solution
A person 'X' borrowed Rs. 4,000 from a bank on simple interest, which is to be repaid in three equal annual installments. The rat...
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The difference between the simple interest and the compound interest compounded annually at the same rate on a sum of money at the end of two years is R...
A took a loan of Rs.5410 at simple interest of 20% p.a. and invested the same money in a scheme at simple interest of 30% p.a. Find the profit earned by...
- Ajay and Vijay jointly invest an amount 'x' in a simple interest scheme for 4 years. Ajay contributes 40% of 'x' at an interest rate of 7% per annum, while...
The difference between compound interest and simple interest at rate of 12% per annum for 2 years is Rs. 144. Find the simple interest obtained on same ...
Naina lent Rs. 9,800 to Mohini for 4 years and Rs. 8,800 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 11,040 i...
A sum becomes 2.89 times ot itselt in 2 years when invested at compound interest (compounded annually). What is the annual rate of interest?
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