Question
A certain sum of money becomes 3000 in 6 years and Rs.
4000 in 10 years at any certain rate of simple interest. Find the principal amount.Solution
Simple interest for 4 years = 4000 – 3000 = Rs.1000 Simple interest for 1 year = 1000/4 = Rs. 250 Simple interest for 6 years = 250 × 6 = Rs. 1500 So, required principal amount = 3000 – 1500 = Rs. 1500
More Simple and compound interest Questions
Who among the following was the first elected King of the Pala Dynasty in Kamarupa?
The term Iqta means
Who was the founder of Srivaishnava sect?
Who founded the Brahmo Samaj in 1828?
Which Mughal emperor built the Jama Masjid in Delhi.
During which time period did Sultan Firuz Shah Tughlaq reign over the Sultanate of Delhi?
hIn which year was the Battle of Plassey fought?
- Identify the formula for Fiscal Deficit?
Bindusara, an ancient emperor of India, was part of which empire?
Ayagara in Vijayanagar were
Relevant for Exams:
