Question

A merchant commences with a certain capital and gains annually at the rate of 30 per cent. At the end of 2 years he has worth Rs 10,000. What was the original capital?
A) Rs. 4987
B) Rs. 5148
C) Rs. 5917
D) Rs. 6254

Answer 1

A merchant commences with a certain capital and gains annually at the rate of 30 per cent. At the end of 2 years he has worth Rs 10,000. What was the original capital?
A) Rs. 4987
B) Rs. 5148
C) Rs. 5917
D) Rs. 6254

Let the Original capital amount be Rs. P

Given after 2 years the amount is Rs. 10000

Rate of interest = 30%

According to the question,

P 

Therefore, the capital amount P = Rs. 5917

Answer 2

Step-by-step explanation:

A merchant commences with a certain capital and gains annually at the rate of 30 per cent. At the end of 2 years he has worth Rs 10,000. What was the original capital?

A) Rs. 4987

B) Rs. 5148

C) Rs. 5917

D) Rs. 6254