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Dephinit Defa

· started a discussion

· 1 Months ago

solution is wrong (Question: 309147.0 )

actual prices will include interest and principal both

Question:

A shopkeeper sells an article at mark price on cash payment. If payment is done after 1 month or 2 months, he charges an interest of 12% compounded per month. If payment is respectively made after one month and two months then ratio of both the price is –

Options:
A)

11 : 10

B)

10 : 11

C)

25 : 27

D)

100 : 101

Solution:

Ans: (d)

  

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