Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 122x Therefore, profit earned = 122x – 100x = Rs. 22x New profit = 3 × 22x = Rs. 66x According to the question, (66x/100x) × 100 = 100x Or, x = 0.66 Therefore, actual cost price = 100x = Rs. 66
Rs. 5000 is invested in scheme ‘A’ for 2 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as intere...
Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
A person 'P' invested Rs. 5,600 at a simple interest rate of 25% per annum for a specific duration, resulting in a total amount o...
Anjali invested Rs.15000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
The simple interest on a sum of money for 1.5 years at 10% per annum is Rs. 30 more than to the simple interest on the same sum for 1 year at 12% per an...
At what % of simple interest per annum will Rs. 400 amount to Rs. 520 in five years?
Rama and Dipak each invested a sum of ₹8000 for a period of two years at 15% compound interest per annum. However, while for Rama the interest was com...
A man invested Rs. 15,000 at simple interest of 'x%' p.a. and received Rs. 30,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%...
A man invested Rs.Y in a scheme S at 14% rate of simple interest for 7 years. After 7 years, he reinvested the amount received from the scheme S at same...
