Answer:
Let's assume the rate of the actual is 'x' and the rate of profit is 'y'.
According to the given information, the profit in any actual 3 years is Rs. 5500, and this profit is 3/8 of the actual.
So, we can set up the following equation:
Profit = Actual * (3/8)
5500 = Actual * (3/8)
To find the rate of the actual, we can rearrange the equation as follows:
Actual = (5500 * 8) / 3
Actual = 14666.67
Therefore, the rate of the actual is approximately Rs. 14666.67.
To find the rate of profit, we can substitute the value of the actual into the equation:
Profit = 14666.67 * (3/8)
Profit = 5500
Therefore, the rate of profit is Rs. 5500.
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Answers & Comments
Answer:
Let's assume the rate of the actual is 'x' and the rate of profit is 'y'.
According to the given information, the profit in any actual 3 years is Rs. 5500, and this profit is 3/8 of the actual.
So, we can set up the following equation:
Profit = Actual * (3/8)
5500 = Actual * (3/8)
To find the rate of the actual, we can rearrange the equation as follows:
Actual = (5500 * 8) / 3
Actual = 14666.67
Therefore, the rate of the actual is approximately Rs. 14666.67.
To find the rate of profit, we can substitute the value of the actual into the equation:
Profit = Actual * (3/8)
Profit = 14666.67 * (3/8)
Profit = 5500
Therefore, the rate of profit is Rs. 5500.
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Answer:
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