Elitmus Exam Numerical Ability Percentage

if the annual rate of si increases from 10% to 25/2%,a man's yearly income increases by rs1250.his principal is?

Read Solution (Total 1)

Let the sum be Rs.x Then, (x*25/2*1/100) – (x*10*1/100)= 1250

25x-20x = 250000 ;
x=50000
7 years agoHelpfull: Yes(3) No(0)

Elitmus Other Question

a person who pays income ta at a rate of 4 paise per rupee finds that a fall of interest rate from 4% to 3.75% diminishes his net yearly income by rs 48.what is his capital? an old article is available or rs 12000 at cash payment or is available for rs 7000 cash payment and a monthly installment of rs630 for 8 months .the rate % per annum is?