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Goods were bought for Rs 600 and sold the same day for Rs 650.25 at a credit of 9 months and still there was a gain of 2%.
What is the rate percent ?
2% gain so Sold at 600+2% of 600
600 + ((2/100)*600)
Now rate of int. will be calculated with formula
S.I. = P*T*R/100
applying formula we get
A person bought 110 glass bowls at a rate of Rs. 15 per bowl.
He sold 101 of them at Rs. 17 and the remaining broke.
What is the percentage gain for him?
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