Question
The simple interest received on a certain sum is Rs. 450
less than the sum invested. If the sum was invested at 10% p.a. for 5 years, then find the simple interest received.Solution
Let the sum invested be Rs. x Therefore, simple interest received = Rs. (x – 450) According to the question, {(x × 10 × 5)/100} = x – 450 => 0.5x = x – 450 => 0.5x = 450 => x = 450/0.5 = 900 Therefore, simple interest received = x – 450 = 900 – 450 = Rs. 450
More Simple and compound interest Questions
1519.98 ÷ 50.48 × 15.12 = ? × 4.16
Solve the following expression and calculate the approximate value.
14.96% of 120.03 - 107.99 + 88.93% of 199.87 = ?
- 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.)
Find the approximate value of Question mark(?). There is no requirement to find the exact value.
? = 599.77 – 14.08 × 20.11 + (12.93)²
(124.99)² = ?
(29.97%) of 9840 + ? + (45.17% of 1240) = (31.99% of 11750)
10.10% of 999.99 + 14.14 × 21.21 - 250.25 = ?
(29.98% of 9840) + ? + (19.899% of 8490) = 7560
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