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Actual price of each shirt = Rs. (100/140) × 2,240 = Rs 1,600 Profit earned during non-festive season = Rs (2,240 – 1,600) × 100 = Rs 64,000 Profit earned during festival season = (2,000 – 1,600) × 100= Rs 40,000 Total profit = Rs 1,04,000 Cost of a shirt during festival season = Rs 2,000 Now, (1,04,000/2000) = 52 Maximum number of shirt that can be bought = 52
Rs. 6500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 14% ...
A shopkeeper marked an article ‘A’ 60% above the cost price and sold it for Rs. 2016 after giving a certain discount while he sold an articl...
The difference between the compound interest compounded annually and simple interest of a sum at 15% p.a. for 2 years is Rs. 270. Find the sum.
A sum of ₹10,000 is invested at 6% compound interest per annum for 2 years, compounded annually. What will be the total amount after 2 years?
A man invested Rs. 'A' at simple interest of 10% and Rs. 'A + 3000' at simple interest of 8% p.a., for 6 years each. If the interest earned from both in...
Alisha had Rs. 7500 with her. She invested 20% of the sum at 7% p.a. and the rest at 13% p.a., both at simple interest for 6 years each. Find the total ...
An investor has ₹20,000 to invest in two options: Investment X, offering a 12% annual return, and Investment Y, offering an 8% annual return. If the t...
If the ratio of the sum invested and simple interest received after 1 year is 25:11 respectively, then find the rate of interest.
What will be the amount if a sum of Rs. 6500 is placed at compound interest for 3 years while the rate of interest for the first, second and third years...