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Correct Answer: A. Rs. 1,200
Explanation:
A 20% profit gives a selling price of Rs. 960.
Since this is 80% of marked price, marked price = 960/0.8 = Rs. 1,200.
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Correct Answer: D. 1:1
Explanation:
A's capital-time is 2 × 6 + 4 × 6 = 36 units.
B's is 3 × 12 = 36 units, so profits are equal.
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Correct Answer: C. 1:1
Explanation:
Capital-time products are 40,000 × 12 and 60,000 × 8.
Both equal 480,000, so the ratio is 1:1.
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Correct Answer: B. Rs. 10,000
Explanation:
Profit is shared in the ratio of investments, 3:5.
B receives 5/8 of Rs. 16,000 = Rs. 10,000.
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Correct Answer: A. Rs. 22,400
Explanation:
One-year compound amount is principal plus 12% interest.
Thus, 20,000 × 1.12 = Rs. 22,400.
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Correct Answer: D. 16 years
Explanation:
Doubling means interest equal to the principal is earned in 8 years.
Tripling requires interest equal to twice the principal, so it takes 16 years.
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Correct Answer: C. Rs. 100
Explanation:
For two years, the difference is P(r/100)².
So 10,000 × 0.1² = Rs. 100.
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Correct Answer: B. Rs. 820
Explanation:
The amount is 8,000 × 1.05² = Rs. 8,820.
Subtracting the principal gives compound interest of Rs. 820.
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Correct Answer: A. Rs. 12,100
Explanation:
Compound amount is P(1 + r)².
Thus, 10,000 × 1.1² = Rs. 12,100.
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Correct Answer: D. 4%
Explanation:
Rate = SI × 100 ÷ (P × T).
Thus, 800 × 100 ÷ (4,000 × 5) = 4%.
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Correct Answer: C. Rs. 5,000
Explanation:
Using SI = PRT/100, 900 = P × 6 × 3/100.
Solving gives P = Rs. 5,000.
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Correct Answer: B. Rs. 1,200
Explanation:
Simple interest is PRT/100.
So 5,000 × 8 × 3 ÷ 100 = Rs. 1,200.