1. A sum of Rs 400 amounts to Rs 480 in 4 years.What will it amount to,if the rate of interest is increased by 2%p.a.?
2. Sanjay purchased 125 stools at the rate of Rs 120 per stool.The transport expenditure was Rs 250.he paid octroi at the rate of Rs 2 per stool and coolie charges were rs 250.What should be the selling price of each stool,if he wants a profit of 10%.
Answers
Answered by
3
1. let the principal be rupees 400 and amount be rupees 480
therefore si = 80 ruppess
rate=80*100/400*4=5
increased rate= 2%of 5 = 5.1%
threfore amount = 481.60
therefore si = 80 ruppess
rate=80*100/400*4=5
increased rate= 2%of 5 = 5.1%
threfore amount = 481.60
suaditya155:
ft
Similar questions