A man buys a watch for Rs 195 in cash and sells it for Rs 220 at a credit of 1 year. If the rate of interest is 10% p.a. the man gains Options: A . &nbspRs 5 B . &nbspRs 10 C . &nbspRs 15 D . &nbspRs 20

A man buys a watch for Rs 195 in cash and sells it for Rs 220 at a credit of

Question

A man buys a watch for Rs 195 in cash and sells it for Rs 220 at a credit of 1 year. If the rate of interest is 10% p.a. the man gains

Options:

A . Rs 5

B . Rs 10

C . Rs 15

D . Rs 20

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Question 1. The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs 25 and Rs 20 r....are Rs 25 and Rs 20 respectively. The sum is

Question 2. If the true discount on a sum due 2 years hence at 5% per annum be Rs 75 then the sum due is ....

Question 3. True discount on a certain sum of money due 4 years hence is Rs 80 and the simple interest on the same sum for the sa....same rate is Rs 100. Determine the rate % p.a.

Question 4. What is the banker’s discount on a bill of Rs 1650 due 4 years hence at 8% p.a.? ....

Question 5. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the....10% per annum, then the man has a gain of:

Question 6. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:....

Question 7. A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate....interest 12% per annum, how much cash should he pay?

Question 8. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be....being at 18% per annum. Which is the better offer?

Question 9. If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed o....sum due at the end of double the time is:

Question 10. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be....being at 18% per annum. Which is the better offer?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0