a. I purchased a pair of shoes for ₹ 243 inclusive of 8% GST. Find the marked price of the shoes.
b. Find the compound interest on ₹ 12000 for 112 years at 8% per annum compounded semi-annually.
c. Find the difference between the compound interest and simple interest. On a sum of ₹ 50,000 at 10% per annum for 2 years.
PLZ ANSWER THESE QUESTIONS.
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Answer:
a.
Let the market price be P
243=P+P(8/100)=P+0.08P=P(1.08)
P=243/1.08=225
c.
SI=50000×(10/100)×2=10000
CI=50000×(1+10/100)^2-50000
=10500
CI-SI=10500-10000=500
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