The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:
sum=$\dfrac{S.I \times T.D}{(S.I)-(T.D)}$
=>$\dfrac{85 \times 80}{(85-80)}$
=Rs.1360.
The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:
The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is: |
Answer |
A merchant owes a businessman Rs 8640 due one year from Now. The merchant wants to settle the accounts after 4 months .If the rate of interest is 12% annum , find the amount he should pay. |
Answer |
The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit? |
Answer |
The true discount on a certain sum of money due 3 years hence is dollar 200 and the simple interest on the same sum for the same time and at the same rate is dollar 240. Find the sum and the rate per cent. |
Answer |
The difference between the simple interest and true discount on a certain sum of money for 6 months at 6% per annum is Rs. 2.25 . Find the sum? |
Answer |
The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is: |
Answer |
The true discount on a bill due 9 months hence at 12 % per annum is Rs. 540. Find the amount of the bill and its present worth? |
Answer |
What is the present value,banker's discount of Rs.104500 due in 9 months at 6% per annum? |
Answer |
A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer? |
Answer |
Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same? |
Answer |