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1. 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:





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  • By: guest on 01 Jun 2017 05.49 pm
    S.P. = P.W. of Rs. 2200 due 1 year hence = Rs. 2200 x 100 100 + (10 x 1) = Rs. 2000. Gain = Rs. (2000 - 1950) = Rs. 50.
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