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B’s share = Rs. 11200 × (3/8) = Rs. 4200 Money distributed between the two sisters, => Rs. [4200 – (1000 + 600)] = Rs. 2600 First sister’s share = Rs. 2600 × (11/20) = Rs. 1430 Second sister’s share = Rs. 2600 × (9/20) = Rs. 1170
Ravi lends Rs. 10,000 to two of his friends. He gives Rs.5,000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole...
A certain amount earns simple interest of Rs. 1840 after 5 years. Had the interest been 4% more, how much more interest would it have earned?
A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded ann...
An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 year...
The simple interest received on a certain sum is Rs. 400 less than the sum invested. If the sum was invested at 15% p.a. for 5 years, then find the simp...
The difference between earned interest on the same amount invested for 2 years on compound interest and simple interest is Rs. 75. If interest rates are...
Mark invested Rs 15,000 in a scheme at simple interest 20% per annum. After three years he withdrew the principal amount plus invested the entire amount...
Person 'P' invested ₹4y at a simple interest rate of 35% per annum and ₹3y at a compound interest rate of 20% per annum (compounded annually), both ...
A man deposited Rs. 8600 at 20% compound interest and Rs. 7840 at 15% simple interest for 2 years each. The difference between the compound interest and...
