Question

A man borrowed Rs 200 and promised to pay back in 11 equal instalments of Rs 20 each. Find the rate of simple interest per annum?

Q: Answer-A man borrowed Rs 200 and promised to pay back in 11 equal instalments of Rs 20 each. Find the rate...

First month Rs 200 Second month Rs 180 Third month Rs 160 Sum n2 2a n 1 d a 200 d - 20 112 2 x 200 11 1 -20 112 400 20 112 x 200 1100 P 200 x 112 1,100 P x R x T100 S.I 1100 x R x 1100 x 12 20 R 12 x 2011 21911

A 21(9/11)%

B 16(7/11)%

C 19(5/11)%

D 11(1/11)%

Practice Next

More Important Reports and Indices Questions

What type of web technology creates an online community where  people can make statements and others can read and respond to   those statements ?
If × stands for +’, ‘÷’ stands for ‘x’, ‘+’ stands for ‘-‘ and ‘-‘ stands fo...
Find the greatest number of four digits which is exactly divisible by 8,12, 32 and 60?
The average salary of the entire staff in an office is Rs. 30000 per month. The average salary of officers is Rs. 40000 and that of non-officers is Rs. 250...
Buy a Lemon
(A) When you look at a product / (B) on one of it’s web pages, / (C) Amazon suggests other / (D) products you might like as well.
Profit after selling an article for Rs. 870 is 16 (2/3)% more than the loss incurred when it is sold at Rs. 740. What would be the selling price if he want...
She would ________ the thought of writing a 40-page research paper.
INSTIGATION
Pointing towards a photograph Amit says, “He is the son of my grandfather’s only child, then how is he related to Amit?

Relevant for Exams:

Uttarakhand Assistant Agriculture Officer

Hey! Ask a query

A man borrowed Rs 200 and promised to pay back in 11 equal instalments of Rs 20 each. Find the rate of simple interest per annum?

Detailed Solution

More Important Reports and Indices Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login