Question & Answer: Page 1

Amit asks : Ram gave a loan of Rs. 9 to his friend on a condition that the loan is payable in 10 months in 10 equal installments of Rs. 1 each. Find the rate of interest per annum on the loan amount. please explain why?

Tag : friend,interest,months,rate,gave,loan,installments,payable,explain,equal

Category : Quantitative Ability | On : 2012-04-01 01:19:48

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Ashwani sharma says :

02/04/2012 09:08:30

hello

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Amit asks : The S.I. on a certain amount will be of the principal after a certain number of years. If the interest is Rs. 385.50 at the end of the second year, find the rate of interest per annum.

Tag : principal,annum,interest,years,year,amount,rate,number

Category : Quantitative Ability | On : 2012-04-01 01:16:22

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Naina asks : what is bank rate n repo rate ???

Tag : commerce,bank,repo,rate

Category : Commerce | On : 2012-03-27 05:58:02

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Milan kanti das asks : a manufacturer fixed the price of an article at Rs 250. the rate of sales tax is 12%. a wholesellet bought it and sold the same to a retailer at a profit of 10%. the retailer sold at 15% profit. Calculate VAT paid by wholeseller and retailer.

Tag : sales,price,rate,sold,wholeseller,paid,wholesellet,retailer,profit,manufacturer

Category : Business Studies | On : 2012-02-12 09:38:26

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Shahana says :

15/02/2012 04:17:57

RS.70.95/- Wholeseller sold at 10% profit therefore selling price of the article is 275. so he pays 12% as sales tax which is 33. Retailer buys at 275 and sells at 15% profit where the selling price would be 316.25. 12% sales tax of it is 33.95 Whole seller and retailer together pays 70.95 as tax.

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Vivek sharma asks : If the rate of inflation is 1000%, then what will be the cost of an article (in Rs.) two years later, which costs 6 units of currency now i donot get this type of q. plZ provide this sol.

Tag : years,inflation,rate,costs,provide,type,cost,units,donot,currency

Category : Career Aptitude | On : 2011-10-17 06:14:36

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Deep says :

18/10/2011 10:08:54

1000% increase is 11 times the original price.
(i.e)., if x is the original price, then price after 1000% increase is x+x*(1000/100)=11x.

here, x=6. At the end of first year, cost=6*11=66.
Now this becomes the starting price for the next year. Hence at the end of 2nd yr, 66*11=726.

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