Q: The amount received at 10% per annum compound interest after 3 yrs is Rs 10,648. What was the principal (in Rs)?
Solution: 8000
Q: A bank offers 5% compound interest per half year. A customer deposits Rs 4800 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest?
Solution: Rs 732
Q: A bank offers 20% compound interest per half year. A customer deposits Rs 6000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is
Solution: Rs 3840
Q: A dishonest shopkeeper uses a weight of 850 gm instead of 1 kg and sells rice on its cost price. What will be his profit percentage on selling 5 kg rice?
Solution: 17.65
Q: A sells a watch to B and makes a loss of 12%. B makes a profit of 12.5% by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be,
Solution: 1% loss
Q: A bookseller bought 500 text books for 20,000. He wanted to sell them at a profit so that he get 50 books free. At what profit percent should he sell them?
Solution: 10
Q: The marked price of an article is 10/7 of the cost price and the selling price of that article is 4/5 of the marked price. What is the profit percentage?
Solution: 14.28
Q: A rice trader buys 20 quintals of rice for Rs 8,580. However, 22% rice is lost in transportation. At what rate should he sell to earn 20% profit?
Solution: Rs 660 per quintal
Q: If the rice is sold at Rs 56 per kg, there would be a 40% loss. To earn a profit of 20% what should be the price of rice (per kg)?
Solution: 112
Q: A wholesaler sells a good to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 2,000, what had it cost (in Rs) the wholesaler?
Solution: 1731.6
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