13x−5<15x+4<7x+12, x∈R
Represent the solution on a real number line.
[3]
(b) The MP of an article = ₹900 and rate of GST on it is 18%. A shopkeeper buys this article at a reduced price and sells it at its marked price. If the shopkeeper pays ₹16.2 as CGST to the government as part of his net tax liability, find the amount (exclusive of GST) paid by the shopkeeper.
[3]
(c) Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets Rs 1,200 as interest at the time of maturity, find :
(i) the monthly instalment
(ii) the amount of maturity.
[4]
n = 2 x 12 = 24 months,
r = 6%
[0.5]
Interest = P×n(n+1)2×12×r100
[0.5]
⇒1200=P×24(24+1)2×12×6100
⇒1200=P×32
⇒P=1200×23
⇒ P=Rs 800
So the monthly instalment is Rs. 800.
[1]
(ii) Total sum deposited = P×n=Rs.800×24=Rs.19200
[1]
∴ Amount of maturity = Total sum deposited + Interest on it
= Rs. 19200 + Rs. 1200
= Rs 20400
[1]