Question
The interest accrued on a sum of ₹16,000 lent at a
simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of three-fifths of a certain sum at 10% p.a., is:Solution
Let the certain sum be P SI = PRT/100 3P/5 = (P X 10 X T)/100 3P/5 = 10T/100 T = 6 years Now, calculate the SI for ₹16,000 at 14% p.a. for 6 years: SI = (16000 X 14 X 6)/100 = Rs 13440
If 1/3 of A = 75% of B = 0.6 of C, then A : B : C is
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