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Monthly savings of ‘A’ = (6500 + 1100)/2 = Rs. 3800 Monthly expenditure of ‘A’ = 6500 – 3800 = Rs. 2700 Increased monthly expenditure of ‘A’ = 1.40 × 6500 – 1.375 × 3800 = Rs. 3875 Desired increase = 3875 – 2700 = Rs. 1175
A farmer borrows ₹50,000 at a simple interest rate of 12% per annum. After how many years will the total interest amount to ₹30,000?
A sum of money doubles itself in 5 years at simple interest. What is the rate of interest per annum?
If a sum of Rs. 6,500 is to be borrowed for 2 years at 10% per annum compounded half-yearly, find the compound amount (integer values only).
Divide Rs 2,760 in to two parts such that when these are invested for 2 and 4 years, respectively, at the rate of 5% per annum simple interest, the amou...
Suman paid ₹9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
The simple interest received on a certain sum is Rs. 1200 less than the sum invested. If the sum was invested at 20% p.a. for 4 years, then find the sim...
Ankit invested Rs. 12,000 in a scheme that offers compound interest at an annual rate of x%, compounded once a year. After 2 years, he received an inter...
'M' invested ₹19,200 at an annual compound interest rate of 10%, compounded yearly. After 'a' years, the total amount he received was ₹23,232. If 'Q...
What sum of money must be given at simple interest for 3 months at 4% per annum in order to earn Rs. 240 interest?
