A boy spends Rs 20 to purchase toffees at Rs 1 each. Next day, he purchased some toffees for Rs 40 with a discount of 50 paise per toffee. What is the average price per toffee (in paise)?
What is the difference (in Rs) between compound interest (compounded annually) and simple interest for 3 years on a principal of Rs 3000 at the annual rate of 20%?