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7th Class Mathematics Comparing Quantities Question Bank Comparing Quantities

  • question_answer
    DIRECTIONS: Passage ? 2 Read the passage(s) given below and answer the questions that follow. Sudhir borrowed Rs. 3,00,000 at 12% per annum from money-lender. At the end of 3 years, he cleared the account by giving Rs. 2,60,000 and a gold necklace. The cost price of necklace is

    A) Rs. 1,47,000               

    B) Rs. 1,48,000

    C) Rs. 99,000                  

    D) Rs. 1,10,000

    Correct Answer: B

    Solution :

         \[S.I.=\frac{P\times R\times T}{100}=\frac{3,00,000\times 12\times 3}{100}\] \[=1,08,000\] Total amount\[=3,00,000+1,08,000\] \[=4,08,000\] Cost of gold necklace\[=4,08,000-2,60,000\] \[\text{Rs}\text{.}\,\,1,48,000\]


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