Home
Class 14
MATHS
A man buysa watch for Rs 1950 cash and s...

A man buysa watch for Rs 1950 cash and sells it for Rs 2200 at a credit of 1 yr if the rate of interest 10% per annum the mangets?

A

Rs. 55 gain

B

Rs. 30 profit

C

Rs. 30 loss

D

Rs. 30 profit

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TEST YOURSELF|25 Videos

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TYPE - V|9 Videos

  • SEQUENCE AND SERIES

    KIRAN PUBLICATION|Exercise TEST YOURSELF |20 Videos

  • SIMPLIFICATION

    KIRAN PUBLICATION|Exercise TEST YOURSELF|25 Videos

Similar Questions

Explore conceptually related problems

A man buys a watch for Rs 1950 in cash and sells it for Rs 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man (a) gains Rs 55 (b) gains Rs 50 (c) loses Rs 30 (d) gains Rs 30

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 rate of interest be 10% per annum,then the man has a gain of (a) 0% (b) 5% (c) 7.5% (d) 10%

What is simple interest on Rs1800 for 10 yr at the rate of 10% per annum?

Interest on Rs. 12000 for 1 month at the rate of 10 % per annum is

A sum of Rs 900 is invested at compound interest (compounded annully) for 2 years. If the rate of interest is 10% per annum, then what be the amount?

Find the compound interest on Rs 64000 for 1 year at the rate of 10% per annum compounded quarterly.

A sum of Rs. 22000 is invested at compound interest (compounding annually). If the rate of interest is 10% per annum, then what will be the amount after 3 year?

KIRAN PUBLICATION-SIMPLE INTERSET-TYPE - VI
  1. A money lender claims to lend money at the rate of 10% per annum simpl...

    Text Solution

    |

  2. Ramesh borrowed a sum at 5 per annum simple interset from Rahul, He re...

    Text Solution

    |

  3. A man buysa watch for Rs 1950 cash and sells it for Rs 2200 at a credi...

    Text Solution

    |

  4. A sum of Rs 400 amounts to Rs 480 in 4 years. What will it amount to I...

    Text Solution

    |

  5. A main loses Rs 55.50 yearly when the annual rate of intrest falls fro...

    Text Solution

    |

  6. If the annual rate of simple interest increases from 10% to 12(1)/(2) ...

    Text Solution

    |

  7. A sum of money was lent at simple interest at a certain rate for 3 yea...

    Text Solution

    |

  8. A man pay 4 paise tax on one rupee if he finds that the rate of intere...

    Text Solution

    |

  9. A sum becomes from Rs 2400 to Rs 3264 in 4 years at rate of simple int...

    Text Solution

    |

  10. Rs. 2300 is invested for 3 years in a scheme of simple interset at a r...

    Text Solution

    |

  11. The amount Rs 2,100 became Rs 2,352 in 2 years at simple interest. If ...

    Text Solution

    |

  12. The rate of simple intereset per annum of bank being decreased from 5%...

    Text Solution

    |

  13. Rohan borrowed a certain sum of money at simple interest. The rate of ...

    Text Solution

    |

  14. Albert invested an amount of x rupee in a fixed diposit scheme offerin...

    Text Solution

    |

  15. A sum was invested on simple interest at a certain rate for 2 years. I...

    Text Solution

    |

  16. An investor invested his saving in the stock market. The value of his ...

    Text Solution

    |

  17. A sum of Rs. 3100 is lent out at simple interest in two parts one at 8...

    Text Solution

    |

  18. The amount Rs 2,100 became Rs 2,352 in 2 years at simple interest. If ...

    Text Solution

    |

  19. A person borrows some money for 4 years at the rate of simple interest...

    Text Solution

    |

  20. A sum of Rs. 7500 is divided into two parts. The simple interest on fi...

    Text Solution

    |