The B.G. on a certain sum due in 5 text{ year | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(D) Let $B.D. = 1$.Given that $B.G. = \frac{3}{23} 	imes B.D. = \frac{3}{23}$.We know that $T.D. = B.D. - B.G. = 1 - \frac{3}{23} = \frac{20}{23}$.Th

Vedclass · Accepted Answer

$3$

Vedclass · Answer

(D) Let $B.D. = 1$.Given that $B.G. = \frac{3}{23} 	imes B.D. = \frac{3}{23}$.We know that $T.D. = B.D. - B.G. = 1 - \frac{3}{23} = \frac{20}{23}$.The sum is given by the formula $Sum = \frac{B.D. 	imes T.D.}{B.D. - T.D.} = \frac{1 	imes \frac{20}{23}}{1 - \frac{20}{23}} = \frac{20/23}{3/23} = \frac{20}{3}$.Now,$S.I.$ on the sum $\frac{20}{3}$ for $5 	ext{ years}$ is equal to $T.D. = \frac{20}{23}$ (Wait,the standard relation is $S.I. = T.D.$ for the same sum and time).Actually,$S.I. = \frac{P 	imes R 	imes T}{100}$. Here $P = \frac{20}{3}$,$T = 5$,and $S.I. = T.D. = \frac{20}{23}$.$\frac{20}{23} = \frac{(20/3) 	imes R 	imes 5}{100}$.$\frac{20}{23} = \frac{100 	imes R}{300} = \frac{R}{3}$.$R = \frac{20 	imes 3}{23} \approx 2.6\%$. Re-evaluating the standard formula: $Rate = \frac{B.G. 	imes 100}{T.D. 	imes T} = \frac{(3/23) 	imes 100}{(20/23) 	imes 5} = \frac{300}{100} = 3\%$.Thus,the rate of interest is $3\%$.

The $B.G.$ on a certain sum due in $5 \text{ years}$ is $\frac{3}{23}$ of $B.D.$ Here,the rate of interest is (in $\%$):

Similar Questions

The $T.D.$ on $Rs. 936$ due after a certain time at $8\%$ per annum is $Rs. 36$. The money is due after (in months):

If on a marked price,the difference between the selling prices with a single discount of $30 \%$ and two successive discounts of $20 \%$ and $10 \%$ is $Rs.\, 72$,then the marked price (in $rupees$) is:

The present worth of a certain sum due sometime hence is $Rs. 1700$ and the true discount is $Rs. 170$. The banker's gain is (in $Rs.$)

After giving a discount of $20 \%$ on an article,a shopkeeper gains $20 \%$. What is the percentage mark-up?

The marked price of an article is $50 \%$ more than its cost price. If $20 \%$ discount is given,then what will be the profit percentage (in $\%$)?

Vedclass Test Series

Exam Paper Generator

Online Exam Module