Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Find the selling price of an item which has a cost price of $15.61 and is sold at a loss of 371/2 % Ans $9.76
The government borrowed a certain amount of money to build a new bridge. It pays interest at a rate of 12%. If the yearly repayments are $320,000, calculate the amount borrowed.
- A potter finds he takes 5 hours to produce 8 vases. If he continues to work at the same rate , find:
- How long it will take him to make 20 vases
How complete vases can be made in 24 hours
- Two brothers aged 15 and 10 years are given $3000 to be divided between them in the ratio of their ages. How much does each receive?
- If the cost of an article is $104 and its selling price is $120. Find the percentage profit.
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