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Sticky Note
If simple interest on Rs. 1000 at 5% for 2 years = ____?
  1. 150
  2. 75
  3. 100
  4. None of these
Explanation

SI = Principal × Rate × Time

= 1000 × 0.05 × 2

= 100

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If an article is sold at a profit of RS 120, which represents 20% of the selling price, then what is the cost price of the article?
  1. 500
  2. 600
  3. 480
  4. 976
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  2. 25%
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What is the value after a 25% decrease from 150?
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