0
votes

Goods were bought for ₹ $600$ and sold the same day for ₹ $650.25$ at a credit of $9$ months and still there was a gain of $2\%$. The rate percent is:

- $\frac{19}{3}\%$
- $\frac{25}{3}\%$
- $8.1\%$
- $\frac{470}{61}\%$

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0
votes

Goods were bought for ₹ $600$ and sold the same day for ₹ $650.25$ at a credit of $9$ months and still there was a gain of $2\%$. The rate percent is:

- $\frac{19}{3}\%$
- $\frac{25}{3}\%$
- $8.1\%$
- $\frac{470}{61}\%$

See all

0
votes

Answer is **B**

CP = Rs.600, P=2%, SP = (600*102)/100 = Rs.612

P = Rs.612, A = Rs.650.25 T=9/12 years

SI = PRT/100

650.25 – 612 = (612 * r * 9)/(12*100)

**r = 25/3%**

Refer below link for more clarifications

**https://interviewmania.com/discussion/2626-aptitude-true-discount**

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