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Making assumptions is a good idea, since doing so helps to simplify the complex world and make it easier to understand.
Mr. Mathur invested Rs. 40,000 with Bank A for 2 years and Rs. 10,000 with Bank B for 4 years at simple interest and earned Rs. 6,000 as interest. Find ...
If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
Suresh earned an interest of Rs. 1548 on principal amount of Rs. 4800 at some rate of compound interest in 2 years. How much more/less interest would he...
Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 6% rate of interest per annum for 8 yea...
Naina lent Rs. 9,800 to Mohini for 4 years and Rs. 8,800 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 11,040 i...
A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
'S' allocated 40% of his monthly income to SIP P, where it accrues a simple interest of 18% p.a. The remaining 60% was directed to SIP Q, with a compoun...
A man deposited Rs. ‘x + 850’ at 12% per annum simple interest and earned Rs. 552 as interest after 2 years. Find the interest earned by him if he d...
Rs. (4x + 200) is invested at a simple interest rate of 18% per annum, earning an interest of Rs. 2160 after 4 years. Calculate the interest earned when...
A man invested Rs. 20,000 at simple interest of 10% p.a. If he had instead invested the same sum on compound interest of 10% p.a., compounded annually, ...