At what rate per cent per annum 1600 amounts to
1852.20 in 1 whole 1 upon 2 years, interest being compounded
half yearly
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Answer:
Given,
price of 1 orange dozen=20
no. of orange dozen purchase=10
total no. of orange purchase=12×10=120
total price= RS 20×10=200
price per orange sold again by the shopkeeper=1.60
price of all the 200 oranges =1.60×200=320
the shopkeeper made a profit of 120
profit%= 120/320 ×199=9.99%
Step-by-step explanation:
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