Join ExamsbookAnswer : 3. "Rs. 5917"
A merchant commences with a certain capital and gains annually at the rate of 30 per cent. At the end of 2 years he has worth Rs 10,000. What was the original capital?5
Q: A merchant commences with a certain capital and gains annually at the rate of 30 per cent. At the end of 2 years he has worth Rs 10,000. What was the original capital?
- 1Rs. 4987false
- 2Rs. 5148false
- 3Rs. 5917true
- 4Rs. 6254false
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Answer : 3. "Rs. 5917"
Explanation :
Answer: C) Rs. 5917 Explanation: Let the Original capital amount be Rs. P Given after 2 years the amount is Rs. 10000 Rate of interest = 30% According to the question, P x 130100 x 130100 = 10000=> P = 1000000169 = 5917 Therefore, the capital amount P = Rs. 5917