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%
Read Solution (Total 1)
-
- 2 % gain means selling price is 612
but Rs. 688.50 at a credit of 9 months
so difference is 688.5-612 = 76.5
so he gives simple interest on 612 for 9 mnths and gate 76.5 interest
so interest is 50/3 % - 10 years agoHelpfull: Yes(0) No(0)
self Other Question