Vishwanath
Sunday, February 17, 2013
19.A man buys a watch for Rs.1950 in cash and sells it for Rs.2200 at a credit of 1 year. If the rate of interests is 10% per annum, the man
A. gain Rs.55
B. gain Rs.30
C. loses Rs.30
D. gains Rs.50
Answer:
Option : D
S.P. = P.W. of Rs.2200 due 1 year
= |
| 2200 x | 100 | + (10 x 1) |
| = Rs. 2000 |
100 |
Gain = Rs.(2000 - 1950) = Rs.50.
Title : True Discount Q19
Description : 19.A man buys a watch for Rs.1950 in cash and sells it for Rs.2200 at a credit of 1 year. If the rate of interests is 10% per annum, the man...
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