Exams

when interest is reckoned using compound interest, interest being compounded annually. The difference in the simple interest and compound interest for two years is on account of the interest paid on the first year's interest  Hence 12% of simple interest = 90 => simple interest =90/0.12 =750.

As the simple interest for a year = 750 @ 12% p.a., the principal =750/0.12 = Rs.6250.

If the principal is 6250, then the amount outstanding at the end of 3 years = 6250 + 3(simple interest on 6250) + 3 (interest on simple interest) + 1 (interest on interest on interest) = 6250 +3(750) + 3(90) + 1(10.80) = 8780.80.

Indian stamps are common to both ratios. Multiply both ratios by factors such that the Indian stamps are represented by the same number.

US : Indian = 5 : 2, and Indian : British = 5 : 1. Multiply the first by 5, and the second by 2. 

Now US : Indian = 25 : 10, and Indian : British = 10 : 2

Hence the two ratios can be combined and US : British = 25 : 2

Let the shopkeeper buy 300g for Rs.300. Now he sells 100g for Rs.110, another 100g for Rs120, and the rest 100g for Rs94. 

Therefore, the total amount he receives = Rs.110 + Rs.120 + Rs.94 = 324. 

Therefore, the shopkeeper spends Rs.300 and gets back Rs.324.

Therefore, his profit percentage = 24300x100 % = 8%

The given series 404, 415, 402, 413, 400, ? follows a pattern that,

404

404 + 11 = 415

415 - 13 = 402

402 + 11 = 413

413 - 13 = 400

400 + 11 = 411

Hence the next number in the given number series is 411.