Question
The average daily income of a daily wage worker, in the
month of November is Rs. 200. If his average income on 1st 13 days of the month is Rs. 60 and on last 15 days of the month is Rs. 120, then find his average income on remaining three days of the month.Solution
- Arun deposited Rs 18000 in PNB for 3 years and got a total amount of Rs 23400 whereas Varun deposited Rs 25000 in SBI and got a total interest of Rs 4000 a...
A man invests a total of Rs 10,000 in two schemes:
I) Scheme A: Simple interest at 10% p.a. for 2 years.
II) Scheme B: Compound interest a...
A certain sum is invested at an interest rate of 24% per annum, compounded annually, for 2 years, and the compound interest earned after this period is ...
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An amount becomes four times of itself in 30 years at simple interest. Find the value of (7R − 40).
An amount becomes seven times of itself in 48 years at simple interest. Find the value of (5R − 15), where R is the rate of interest per annum.
A certain amount is split equally between two investment plans. One offers simple interest and the other compound interest, both at the same annual rate...
- A sum of Rs. 6000 at a certain rate of interest in simple interest for six years is amounted to Rs. 11400. If the same sum of money at same rate of interes...
- Ajay and Vijay jointly invest an amount 'x' in a simple interest scheme for 4 years. Ajay contributes 40% of 'x' at an interest rate of 7% per annum, while...
The interest earned when a sum is invested at simple interest of 16% p.a., for 3 years, is Rs. 2400. What will be the total amount received after 2 year...
