Question
A took a loan of Rs.4450 at simple interest of 10% p.a.
and invested the same money in a scheme at simple interest of 20% p.a. Find the profit earned by A at the end of 3 years.Solution
Interest paid by A = (4450 × 3 × 10)/100 = Rs.1335 Interest received by A from the scheme = (4450 × 3 × 20)/100 = Rs.2670 Profit = 2670 – 1335 = Rs.1335
More Simple and compound interest Questions
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...
- 27.99² - 40.02% of 419.99 + √3135.99 = ? X 5.99
26.11% of ? – 521.02 = 648.51
24.035 × √? = 4607.89 ÷ 11.8259Â
- 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.)
124% of 620.99 + 11.65% of 1279.23 = ?
14.96% of 120.03 - 107.99 + 88.93% of 199.87 = ?
What is the smallest integer that should be subtracted from 653 to make it divisible by both 23 and 27?
(47.981% of 295) + (24.91% of 245) =?
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