Question
What is the yearly salary of Mr. Rohan? I. Sohan
earns Rs. 44000 more than Mohan in a year who earns Rs. 16000 more than Rohan per annum. II. The total salary of Rohan and Sohan together for one year is Rs.192000. Directions : Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer –Solution
From statement (i), S = M + 44,000 and R = M – 16,000 From the above we cannot get the answer. But with the help of above and statement (ii), M + 44,000 + M – 16,000 = 1,92,000 2M + 28,000 = 1,92,000 M = 82,000 Rohan’s salary = M – 16,000 = 82,000 – 16,000 = Rs.66,000 Hence, with the help of both the statement we can get the answer.
A sum when invested at simple interest of 12% p.a. becomes Rs. 2,080 in 5 years.
If the same sum was invested at compound interest of 20% p.a. fo...Rohit invested Rs. 3000 in scheme 'C' for 4 years and Rs. 4500 in scheme 'D' for 3 years. If the simple interest rate for both schemes is 15% per annum,...
The difference between compound interest and simple interest at the same rate for Rs. 1800 for 2 years is Rs. 18. The rate of interest per annum is:
Suppose 'S' invested Rs. 40,000 each at 12% p.a. in two different Funds for 2 years, with one Fund offering compound interest (compounded annually) and ...
A certain amount of money, when invested at an annual compound interest rate of 'x%' compounded annually, grows to 1.5376 times its original value in 2 ...
Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he...
A sum was put at simple interest at a certain rate for 7 years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?
Amit lent Rs. 25,000 to Rohit at compound interest of 10% p.a. (compounded annually) for 2 years. Rohit however paid him back at simple interest instea...
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 27...
Rs. (x + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 7 years, respectively. Find the value of 'x'.