Question

Answer the following word problems : -

a) Meenu bought two fans for 1200 each. She sold one at a loss of 5% and the other at a
profit of 10%. Find the selling price of each. Also, find the total profit or loss.

b) Find the compound interest paid when a sum of 10,000 is invested for 1 year and 3
months at 8% per annum compounded annually.

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Answer 1

Answer:

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Answer 2

Given: no. of fans = 2

c. p of two fans=rs 1200

loss=5percent

5 of 1200

5/100 x 1200

rs 60

s.p of one fan=1200-60

= 1140

profit of another fan= 10 percent of 1200

=10/100 x 1200

=120

s.p=1200+120

=1320

total c.p=2(1200)

=2400

total s.p.=1140+1320

=2460

here s.p.>c.p.so we get profit

profit=s.p.-c.p.

=2460-2400

= 60

hope this helps u out❤❤❤