Book Maths Puzzle Numerical Ability Profit and Loss

A sum of Rs. 10 is lent and promised to be returned in 11 installment of 1 Rs. each. what should be the rate of intrest...?

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10 percent....
10 years agoHelpfull: Yes(0) No(0)

But answer given in book is 240/11
10 years agoHelpfull: Yes(0) No(0)

Book Other Question

If we express 41(3/17)% as a fraction, then it is equal to...

(a) 17/7
(b) 7/17
(c) 12/17
(d) 1/17 Ramesh got 49/4 dozen T-shirts in
12 % discount to printed price and
he sold two third of these T-shirts in
19 % profit to printed price, then he
sold other T-shirts in printed price. If
his overall profit is 3626 rupee then printed price of the T-shirt is