Get Started with ixamBee
Start learning 50% faster. Sign in now
Let the rate of C.I be R percent per annum, CI = P [ ( 1 + `(R)/(100)` )ᵀ - 1] ⇒ 6,120 = 75,000 [ ( 1 + `(R)/(400)` )2 - 1 ] [T= 6 months = 2 because interest is calculated quarterly] ⇒ `(6120)/(75000)` = ( 1 +`(R)/(400)` ) 2 - 1 ⇒ ( 1 + ) 2 - 1 = `(51)/(625)` ` ` ⇒ ( 1 + `(R)/(400)` ) 2 = 1 +`(51)/(625)` ⇒ ( 1 + `(R)/(400)` )2 =`(676)/(625)` ⇒ ( 1 +`(R)/(400)` )2 = ( `(26)/(25)` )2 ⇒ 1+ `(R)/(400)` =`(26)/(25)` ⇒ `(R)/(400)` = `(26)/(25)` - 1 =`(1)/(25)` R = `(400)/(25)` = 16% Now, S.I = `(P xx R xx T)/(100)` = `(75000 xx 16 xx 18)/(100 xx 12)` = Rs. 18,000
X labeled an item with a 60% markup on the cost price and sold it for Rs. 480 after applying a 25% discount. Calculate the percentage profit earned by X...
Find the profit percentage earned on a school bag if it was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs....
A person buys 5 tables and 9 chairs for Rs15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tab...
The cost price of 40 apples is Rs.100. If it is sold at 20% profit, then how many apples will be sold for Rs.78?
Ali Sold two articles, if he marked up the second article at 8.33% above the selling price of the first article and gave a discount of 12.5% on that, th...
A merchant bought two items: a mixer and a juicer for Rs. 9,500. He sold the mixer at a profit of 30% and the juicer at a loss of 20%. Determine the cos...
A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less an...
A fruit seller sells mangoes at a profit of 20%. If he had bought them at 10% less and sold them for ₹3 less per mango, he would have gained 25%. Find...
A company produces 5,000 units of a product in a month. The fixed cost is Rs 10,000, and the variable cost per unit is Rs 15. If the company sells each ...
A vendor first increased the price of a book by 18% and then by 25%. If he sells it after allowing a discount of 20%, then he will earn a profit of Rs. ...
