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According to the given conditions, Let the initial investment be Rs. p. The interest earned in 24 years = (6p – p) = Rs. 5p. Therefore, using the formula for simple interest = (p×r×24)/100=5p Solving for 'r': r = (5p×100)/(p×24) = 20 Hence, the value of 'r' = 20.
The ratio between the marked price and the cost price of an article is 5: 3. If the selling price of the article is ₹28,88 and the shopkeeper gave two...
An article is initially marked 22% above its cost price. After offering a discount of ₹210 on the marked price, the seller earns a profit of 8%. What ...
Profit on selling 40 pens equals selling price of 12 books while loss on selling 40 books equals selling price of 16 pens. Also profit percentage equals...
A shopkeeper sold a jacket for Rs. 2500 at a loss of 20%. At what price should he have sold the jacket, to earn a profit of 20%?
'Ankit' and 'Baldev' started a business and invested Rs. 48,000 and Rs. 54,000, respectively. Find the profit share of 'Baldev' out of total profit of R...
Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% wh...
Article ‘P’, if sold at a profit of 35% earns a profit of Rs. 700. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
Article ‘P’, if sold at a profit of 20% earns a profit of Rs. 500. If article ‘P’ is marked 40% above its cost price and then sold after offerin...
The ratio of the cost price and selling price of a product is 3:2. If the product was marked up by 50% and later a discount of Rs. 500 was applied, dete...
