In question, state whether the statement are true (T) or false (F).
Simple interest on a given amount is always less than or equal to
the compound interest on the same amount for the same time period
and at the same rate of interest per annum.
In question, state whether the statement are true (T) or false (F).
Three times a number is 200% increase in the number, then one third of the same number is 200% decrease in the number.
In question, state whether the statement are true (T) or false (F).
A man purchased a bicycle for Rs 1,040 and sold it for Rs 800. His
gain per cent is 30%.
In question, state whether the statement are true (T) or false (F).
C.P. = M.P. – Discount.
In question, state whether the statement are true (T) or false (F).
Compound interest is the interest calculated on the previous year’s
amount
In question, state whether the statement are true (T) or false (F).
Discount is a reduction given on cost price of an article.
In question, state whether the statement are true (T) or false (F).
Additional expenses made after buying an article are included in
the cost price and are known as Value Added Tax.
In question, state whether the statement are true (T) or false (F).
To calculate the growth of a bacteria if the rate of growth is known,
the formula for calculation of amount in compound interest can be
used.
5% sales tax is charged on an article marked Rs 200 after allowing a
discount of 5%, then the amount payable is _________.