Question
'U' and 'V' jointly start a business by investing a
total of Rs. 64,000, with their investments in the ratio of 9:5, respectively. They each invested their amounts for 16 months and 18 months, respectively. What is the percentage of the total profit that belongs to 'V'?Solution
Let the amount invested by 'U' and 'V' be Rs. 9x and Rs. 5x, respectively. Ratio of profit shares of 'U' and 'V', respectively: = (9x X 16) :(5x X 18) = 8:5 Therefore, required percent = [5 ÷ (5 + 8) ] X 100 = 38(6/13)%
Simple interest earned on an amount of Rs.1400 at rate of R% per annum after 3 years is Rs.210. Find the simple interest earned on an amount of Rs.1600 ...
A man buys a car for ₹800,000. He sells it after 3 years at a loss of 15%. If he invests the selling amount in a fixed deposit at an interest rate (si...
Rs.5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223....
A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
Meena invested Rs. 10,500 at 30% p.a. for 2 years and Rs. 7,200 at 28% p.a. for 4 years on simple interest. How much interest did she receive in total?
Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Ve...
The simple interest received on a sum at the rate of 4 percent per annum is 3/5 of the sum. What is the time period?
Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 year...
If the ratio of the sum invested and simple interest received after 1 year is 25:16 respectively, then find the rate of interest.
The difference between the compound interest compounded annually and simple interest of a sum at 18% p.a. for 2 years is Rs. 324. Find the sum.