Question
A shopkeeper marks up an item by 25%. If he
increases the discount from 8% to 13%, the profit will decrease by Rs. 100. Find the selling price of the item in order to earn a profit of 30%.Solution
- Rs. 3,000 becomes Rs. 4,200 in 10 years at simple interest of r% p.a. If Rs. 6,000 is invested at 0.5r% p.a. for 6 years, what will be the interest amount?
If ₹5,000 is invested at an annual interest rate of 8% compounded quarterly, at what time will it grow to ₹5,202?
- Ravi invests Rs. 'x' in scheme X and Rs. (x + 600) in scheme Y for 4 years each. Schemes X and Y offer simple interest at 12% p.a. and 8% p.a. respectively...
A sum of money amounts to ₹17,600 in 2 years at 5% simple interest. What will be the amount after 5 years?
A certain sum is lent at 4%.p.a. for 3 years, 8% p.a. for the next 4 years, and 12% pa, beyond 7 years. If for a period of 11 years the simple interest ...
When 19.62% of Pawan's monthly salary, which is the total of 15721.33 and 19678.9, is equally distributed among four different SIPs, what is the approxi...
A sum of money triples itself in 12 years. Find the rate percent per annum.
The difference between compound interest and simple interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is:
Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
A certain sum of money, when invested at a simple interest rate of 12% per annum, grows to Rs. 3,850 over a period of 54 months. What will be the inter...
