14
od
nd
Or
2
annum. Find the sum.
EXERCISE 8.3
You have 2,400 in your account and the interest rate is 5%. After ho
would you earn 240 as interest.
certain sum the interest paid after 3 years is 450 at 5% rate
1. Tell what is the profit or loss in the following transactions. Also find
loss per cent in each case.
(a) Gardening shears bought for 250 and sold for 325.
(6) A refrigerater bought for 12,000 and sold at * 13,500.
(c) A cupboard bought for 2,500 and sold at 33,000.
(d) A skirt bought for 250 and sold at 3 150.
Convert each part of the ratio to percentage:
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