Question
Table given below shows the cost price and selling price
of five different articles. Which of the following is correct order of profit percentage?Solution
The profit% of A is = [(400 β 350)/350] Γ 100 = 14.28% The profit% of B is = [(340 β 280)/280] Γ 100 = 21.42% The profit% of C is = [(245 β 215)/215] Γ 100 = 13.95% The profit% of D is = [(330 β 270)/270] Γ 100 = 22.22% The profit% of E is = [(390 β 330)/330] Γ 100 = 18.18% The order = C < A < E < B < D
A sum of Rs.12000 was lent partly at 5% and partly at 3% simple interest. The total annual interest be Rs.450.
Quantity I. Part lent at 5% SI.
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