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
|
A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?
|
Answer
|
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
|
Answer
|
A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:
|
Answer
|
If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:
|
Answer
|
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:
|
Answer
|
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
|