self Maths Puzzle


Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

A.
16 2 %
3
B.
14 1 %
2
C.
13 1 %
3
D. 15%

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self Other Question


A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

A. Rs. 12,000 in cash B. s. 12,880 at credit
C. Both are equally good D. [NIL]
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The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:

A. Rs. 1750 B. Rs. 1680
C. Rs. 1840 D. Rs. 1443.75