QuickHelper

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    Phoniex
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Category > Accounting Posted 09 Jun 2017 My Price 6.00

Goods were bought for Rs. 600 and sold the same for Rs. 688.50

Question description

 

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:

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

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 interest is 10% per annum, the man:

 

Answers

(10)
Status NEW Posted 09 Jun 2017 10:06 AM My Price 6.00

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