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Selling price = Rs. 450 Profit on selling price = 40% Profit = 450 × 40/100 = Rs. 180 So, cost price = 450 - 180 (selling price - profit) = 270 Profit on cost price = 180/270 × 100 = 66(2/3)% Alternate method: Let SP = 100, profit = 40 % of 100 = 40 So CP = 60 Hence profit % on CP=40/60× 100 = 66(2/3)%
The interest earned by Veer at SI is 24% of the sum invested. If he had invested for 4 years more, then interest received is 150% more than that of earl...
If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
In what time will Rs. 45000, at 4% per annum, produce the same interest at Rs.18000 does in 5 years at 8% simple interest?
There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple inter...
A sum of ₹50,000 is deposited with an annual simple interest rate of 40%. Calculate the total amount that will be obtained after a period of 42 months.
Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 year...
On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
Rs. 8500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 13% ...
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
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