Question
A and B enter into partnership. A invests some money at
beginning, B invests thrice the amount after 4 months and C invests double the amount after 8 months. If the annual profit be Rs.33000, then find C’s share.Solution
Let A’s investment be Rs. x. Then, ratio of capitals of A, B and C = (x × 12) : (3x × 8) : (2x × 4) ⇒ 12x : 24x : 8x ⇒ 3x : 6x : 2x Therefore, C’s share = Rs. 33000 x (2/11) = Rs.6000
Find the rate of simple interest at which Rs. 6000 should be invested for 2 years so that the interest earned will be same as the interest received when...
A sum of 74000 is divided into two parts such that the simple interest on the first part for 3 years at 15% per annum is equal to the simple interest on...
- The compound interest on a certain principal for 2 years at 7% per annum compounded annually is Rs. 289.80. What will be the simple interest for the same d...
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...
- Rohit invested Rs. ‘x’ at the rate of 10% p.a. simple interest for 4 years and Anil invested Rs. 70% of x at 8% p.a. compounded annually for 2 years. I...
How much time will it take for an amount of Rs.2000 to yield Rs. 640 as interest at 8% p.a. of SI?
- A person invested Rs. 50,000 for 4 years at a simple interest rate of 11%. What is the total amount after 4 years?
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'.
A sum becomes 5 times in 20 years under simple interest at the rate of r% per annum. Find the rate of interest.
Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...