Question
What will be the ratio of simple interest earned on
certain amount at the same rate of interest for 5 years and that for 10 years?Solution
Let the principal be P and rate of interest be R%. Required ratio = [(P×R×5)/100)]/[(P×R×10)/100)] = 5PR/10PR = 1:2
More Simple and compound interest Questions
24.99 × 32.05 + ? - 27.01 × 19.97 = 29.99 × 27.98
A wire is bent to form a square whose sides are of 132 cm. If the same wire is bent to form a circle, then find the area (in cm2) of the circ...
6.992 + (2.01 × 2.98) + ? = 175.03
√1024.21 × √624.89 ÷ 4.98 + 11.99 × 4.01 = ?
233.98 + 73 × √35.95 - ? = 275.94 ÷ 3.99
124.88% of 1199.85 + 99.99 ÷ 3.99 = ?
A sum of ₹60,000 is invested at a compound interest rate of 'x%' per annum, compounded annually, and grows to ₹75,264 in 2 ye...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(29.892 × √290) + 32.98 × 6.91 = ?
1519.98 ÷ 50.48 × 15.12 = ? × 4.16
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