Question
Sara deposited Rs. 18,000 into an investment that offers
a compound interest rate of 20% per annum, with semi-annual compounding. Calculate the interest accrued by Sara after one and a half years.Solution
ATQ, Interest earned by Sara =18000 × {(1 + 0.20/2)(1.5×2) – 1} = 18000 × {1.331 – 1} = 18000 × 0.331 = Rs. 5,958
A merchant fixes the sale price of his goods at 50% above the cost price. He sells his goods at a 20% discount marked price. His percentage of profit (r...
A shopkeeper purchased 50 books for Rs. 10,000, with the ratio of the marked price to the cost price set at 2:1. Due to rain damage, one-tenth of the bo...
An item is initially marked up by 20%, followed by a 10% discount, and sold for Rs. 756. If the goal is to achieve double the pro...
Ritika purchased a washing machine for Rs. 18,000, listed it 30% above the cost price, and sold it after allowing successive discounts of 10% and 20%. W...
The profit percentage of K and L is same on selling the articles at Rs. 48800 each but K calculates his profit on the selling price while L calculates ...
A saree having cost price of Rs. 2700 is marked up by 40% above its cost price and sold after offering two successive discounts of 10% and 20% respectiv...
A shopkeeper sold an article A at 20% gain and another article B at 20% loss. Find her overall gain or loss percent if selling price of both articles we...
- An item is sold for Rs. 2,360, resulting in a profit of x%. If the same item is sold for Rs. 2,500, the profit increases to (x + 7)%. Determine the value o...
After selling 20 pens, a Shopkeeper earn a profit of the selling price of 6 books. While selling 20 books, a shopkeeper losses a selling price of 8 pens...
A man purchased 100 rolls of paper for Rs. 50 per roll. He spent Rs. 800 on their transportation. He also paid 10 paise per roll for packing of each rol...
Relevant for Exams:
