Question
At what % of simple interest per annum will Rs. 400
amount to Rs. 620 in five years?Solution
According to the question, P = Rs 400 T = 5 years ∴ 620 – 400 = (400 × R × 5)/100 ⇒ R = 22000/2000 = 11%
More Simple and compound interest Questions
- Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN
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