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According to the question, 9000 – 7500 = (7500 × r × 24) ÷ (12 × 100) Or, 1500 = 150 × r Or, r = 10 When the sum is invested at compound interest, Effective rate of interest = (r + 20) ÷ 3 = (10 + 20) ÷ 3 = 10% Effective time period = 1 × 3 = 3 units Amount received = Principal × {1 + (r/100)}time period = 7500 × {1 + (10/100)}3 = 7500 × (1.1)3 = 9982.5
The ratio of cost price and selling price of a shirt is 4:5 respectively. The shirt was marked up by 35% above its cost price, and sold after giving Rs....
A shopkeeper made a profit of 60% by selling an article for Rs. 320. If he had sold it after allowing a discount of 20% on its selling price, then find ...
An item is purchased for ₹400. What should be its selling price to achieve a 15% profit?
A shopkeeper sold an article at profit of 10%. Had he bought it at 10% less and sold it for Rs. 3 more, then he would have earned a profit of 25%. Find ...
A sells an article to B at a profit of 20% and B sells it to C at a profit of 20%. If C pays ₹504 for it, what was the cost price for A?
The marked price of a dishwasher is set 25% higher than its cost price. The seller then applies two successive discounts, first 15% and then an addition...
If a shopkeeper hikes the purchasing value of an item by 56% and gives it a discount of 56% on the face value for selling it, then know the total percen...
A shirt is marked 50% above the cost price and sold after a discount of Rs.115 at Rs.545. Find the cost price of the shirt.
A merchant possesses 60 identical items, each marked up by 180% above the cost price. He sells 30 of these items at a 25% discount and the remaining 30 ...
A shopkeeper obtained an accessory for Rs. ‘a’ and marked it 170% above its cost price, then sold it after offering two successive discounts of 1000...