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Question

can i get some more problems and sums for compound interest

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Solution

Here is the list of questions which you can practice:

1) A jeweller offers a discount of 20% on all his jewellery. If C.P. of a jewellery piece is Rs 9000, then at what price should the jeweller mark it to gain 10%?

2) Boutons is offering a discount of 50% and a further discount of 49% to its customers. If a customer bought formal shirt and paid Rs 306, then what was the marked price of the shirt?

3) In a college election, candidate A got 12% more votes than candidate B. If A and B are the only two candidates in the election, then what percent of less votes did B get as compared to A?

4) Reena purchased a crockery set and a tea set for Rs 16,875 including 12.5% VAT. What was the initial bill amount without tax?

5) Anandi deposited Rs 15,625 on 1 January 2010 at 16% p.a. compounded quarterly. What amount will she get on 1st October 2010?

6) A cell phone company raised the price of one of its models of cell phone from Rs 2000 to Rs 2400 and at the same time, lowered the price of another cell phone from Rs 2400 to Rs 2000.

Is the percentage change in the prices of both the cell phones same?

7) A shopkeeper purchased two mobile handsets - a Shokia handset and a Pony handset − for a total of Rs 12,500. He later sold the Shokia handset at 20% loss and the Pony handset at 20% profit such that he received a total of Rs 13,000 for the two handsets. What were the cost prices and selling prices of the two instruments?

You can always practice questions of any topic using the search option.


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