$A$ man buys a watch for ₹ $1950$ in cash and sells it for ₹ $2200$ at a credit of $1$ $year$. If the rate of interest is $10 \%$ $p.a.$,what is his profit or loss?

  • A
    ₹ $55$ gain
  • B
    ₹ $50$ profit
  • C
    ₹ $30$ gain
  • D
    ₹ $30$ profit

Explore More

Similar Questions

$A$ sum was put at simple interest at a certain rate for $4$ $years$. Had it been put at $2 \%$ higher rate,it would have fetched ₹ $56$ more. Find the sum (In ₹).

The simple interest on ₹ $500$ at $6 \%$ per annum from $May$ $3^{rd}$ to $July$ $15^{th}$ in the same year is (in ₹):

$A$ sum of $Rs. 1521$ is lent out in two parts in such a way that the simple interest on one part at $10 \%$ for $5 \,yr$ is equal to that of another part at $8 \%$ for $10 \,yr$. What will be the two parts of the sum?

Difficult
View Solution

₹ $1500$ is invested at a rate of $10 \%$ simple interest,and the interest is added to the principal after every $5$ years. In how many years will it amount to ₹ $2500$?

Divide $Rs. 4758$ into three parts such that their amounts after $2, 3,$ and $4$ years respectively are equal,given the rate of interest is $5 \%$ per annum. Find the amount of the $1^{\text{st}}$ part (in $Rs.$).

Difficult
View Solution

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo