Question
‘A’ started a business by investing Rs. 1800. Four
months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 12,000 as profit out of total profit of Rs. 30,000, then find the value of ‘x’.Solution
Ratio of profit share of ‘A’ and ‘B’ = (1800 × 12):(8 × x) Profit share of ‘A’ = 30000 – 12000 = Rs. 18,000 ATQ; {8x/(12 × 1800)} = (12000/18000) => 8= 14400 So, x = 1800
If Vipul invests Rs.’a’ in scheme ‘M’ with a compound interest rate of 20% p.a. for two years, and the total amount received from scheme ‘M’...
Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is ...
The difference between the simple and compound interest compounded annually of a sum at 12% p.a. for 2 years is Rs. 180. Find the sum.
A principal of Rs. 'x' is invested at an annual compound interest rate of 30%, compounded yearly, and grows to Rs. 2535 after 2 years. Calculate the sim...
A certain sum of money invested at a rate of 12% p.a. amounts to Rs. 11576.25 at the end of 15 months if the rate of interest is compounded 5 monthly. F...
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
The simple interest and compound interest (compounded yearly) on a sum Rs. ‘P’ at ‘r%’ p.a. for two years are Rs. 18,000 and Rs. 19,350, respect...
Simple interest earned on an amount of Rs.1500 at rate of R% per annum after 4 years is Rs.240. Find the simple interest earned on an amount of Rs.1800 ...
A invested Rs. ‘x’ in a scheme offering compound interest of 25% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. ...
Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years...
Relevant for Exams:
