Question
The cost price of a washing machine is Rs. 15,000. The
washing machine is marked 25% above its cost price and sold after a discount of Rs. 1,500. If the cost price had been Rs. 3,000 less but sold for the same price, then what would be the percentage of profit earned?Solution
Selling price of the washing machine = 15,000 × 1.25 - 1,500 = Rs. 17,250
So, required percentage = {(17,250 - 12,000) ÷ 12,000} × 100 = 43.75%
A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r-4)% at simple interest. If total interest earned on ...
What will be the difference between the SI and CI @ 10%p.a on a sum of Rs. 9000 for 4 years? Â
Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
Compound interest on a certain sum of money for 2 years is Rs.2600 while the simple interest on the same sum for the same time period is Rs.2500. Find t...
A Man deposited certain amount in the Bank at the end of each year. How much amount did he deposited at the end of each year at the rate of 15% simple ...
A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest...
An initial investment of Rs. 10,000 is made at an annual compound interest rate of 10% for 4 years. After 2 years, an additional Rs. 5,000 is invested. ...
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
A person borrowed Rs. 9,300 at 11% p.a. and Rs. 6,700 at 13% p.a. simple interest. If the total interest paid after ‘n’ years is Rs. 5,486, find the...
The difference between compound interest and simple interest at rate of 26% per annum for 2 years is Rs. 507. Find the simple interest obtained on same ...
