An item is priced 40% above its cost price. It's sold for Rs. 2268, after applying a discount of x%, and this sale results in a 12% profit. Determine the value of 'x'.
Let the cost price of the article be Rs. a Therefore, 1.12a = 2268 Or, a = 2268/1.12 = 2025 Therefore, marked price of the article = 1.4 × 2025 = Rs. 2835 Therefore, discount percentage = {(2835 – 2268)/2835} × 100 = 20% Hence, option c.
A person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amoun...
A invest Rs. X at 10% compound interest for 3 years. If difference between the interest of 3rd year and 2nd year is Rs. 1210, find the value of X.
Investing Rs. (4z + 400) at 20% p.a. compound interest for 3 years yields an interest of Rs. (5z - 800). Find the value of ‘z’.(Can calculate approx...
What will be the CI on a sum of Rs.70,000 after 3 years at the rate of 8%p.a?
A sum of rupees 5,000 is invested at 15% per annum compound interest for 1.5 years, compounded half-yearly. What will be the final amount?
What is the rate of compound interest annually?
I. An amount doubles itself in 5 years on
simple interest
II. Difference between th...
The difference between simple and compound interest on a sum of Rs.1000 at the end of two years is Rs10. Find the total CI on a sum after 3 years is?
Find the compound Interest on Rs. 16,000 @15 % p.a for 2 years 4 month Compounded annually?
A certain sum invested at compound interest of 10% p. a compounded annually, returns Rs. 6292 after 2 years. If a 20% greater sum is invested at a simpl...
