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Q.1.

The compound interest calculated yearly , on a certain sum of money for the second year is Rs 880 and the third year it is Rs 968. Calculate the rate of interest and the sum of money . 1 years , 2 the difference between the compound interest reckoned yearly and that reckoned half yearly is Rs 178.75. Find the sum . On a certain sum of money lent out at 20% per annum for 1 Nisha goes to a shop to buy a box costing Rs 981. The rate of sales tax is 9%. She tells the shopkeeper to allow a discount on the price of a box to such an extent that she pays Rs 981 inclusive of sales tax. Find the discount in the price of the box . A shopkeeper bought a washing machine at a discount of 20% from the wholesaler , the printed price of the washing machine being Rs 12000 . The shopkeeper sells it to customer at the printed price . If the rate of sales tax is 7.5%, find the amount : (i) of VAT paid by the wholesaler (ii) of VAT paid by the shopkeeper (iii) At which price the customer bought the machine A page from the pass-book Of Mrs Amitas saving Bank account is given below: Date Particulars Withdraw Deposit Balance Jan , 2008 B/F 2630.50 Feb20 By cash 1050 3680.50 Feb 25 To self 200 3480.50 May 14 By cash 2000 5480.50 Jun 17 By cash 1700 7180.50 Jun 21 To cheque 5102 2078.50 Assuming that the interest is credited at the end of June and December every year and the rate of interest is 5% per annum , compute the interest entry of the passbook at the end of Jun 2008.

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Q.6

Ravish sold a certain number of Rs 20 shares paying 8% dividend at Rs 18 and invested the proceeds in Rs 10 shares , paying 12% dividend at 50% premium . If the change in his annual income is Rs 120, find the number of shares sold by him. A man invests Rs 3960 in shares of a company which pays 15% dividend at a time when a Rs 25 share costs Rs 33. find : (i) the no of shares he bought (ii) the annual income from shares (iii) the rate of return on his investment

Q.7

Q.1.

The compound interest calculated yearly , on a certain sum of money for the second year is Rs 880 and the third year it is Rs 968. Calculate the rate of interest and the sum of money . 1 years , 2 the difference between the compound interest reckoned yearly and that reckoned half yearly is Rs 178.75. Find the sum . On a certain sum of money lent out at 20% per annum for 1 Nisha goes to a shop to buy a box costing Rs 981. The rate of sales tax is 9%. She tells the shopkeeper to allow a discount on the price of a box to such an extent that she pays Rs 981 inclusive of sales tax. Find the discount in the price of the box . A shopkeeper bought a washing machine at a discount of 20% from the wholesaler , the printed price of the washing machine being Rs 12000 . The shopkeeper sells it to customer at the printed price . If the rate of sales tax is 7.5%, find the amount : (i) of VAT paid by the wholesaler (ii) of VAT paid by the shopkeeper (iii) At which price the customer bought the machine A page from the pass-book Of Mrs Amitas saving Bank account is given below: Date Particulars Withdraw Deposit Balance Jan , 2008 B/F 2630.50 Feb20 By cash 1050 3680.50 Feb 25 To self 200 3480.50 May 14 By cash 2000 5480.50 Jun 17 By cash 1700 7180.50 Jun 21 To cheque 5102 2078.50 Assuming that the interest is credited at the end of June and December every year and the rate of interest is 5% per annum , compute the interest entry of the passbook at the end of Jun 2008.

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Q.5

Q.6

Ravish sold a certain number of Rs 20 shares paying 8% dividend at Rs 18 and invested the proceeds in Rs 10 shares , paying 12% dividend at 50% premium . If the change in his annual income is Rs 120, find the number of shares sold by him. A man invests Rs 3960 in shares of a company which pays 15% dividend at a time when a Rs 25 share costs Rs 33. find : (i) the no of shares he bought (ii) the annual income from shares (iii) the rate of return on his investment

Q.7

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