Question
A borrowed Rs. 5200 from B for his business. How much
amount A will return to B at the end of 15 months such that the sum was borrowed at simple interest of 25% p.a.?Solution
Amount to be returned by A = {(5200 × 0.25 × 15)/12} + 5200 = 1625 + 5200 = Rs. 6825
More Simple and compound interest Questions
- 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.)
20.11 × 6.98 + 21.03 × 6.12 – 37.95 + 92.9 × 5.02 =?
The mean of five two-digit numbers is 34. Among these five numbers, two are 'P' and 'Q'. If the digits of both 'P' and 'Q' are sw...
20.05% of 450.05 – 15.15% of 119.99 × 4.02 = ?
(1295.98)(1/4) + {40.02% of 150.09} × {√48.98 – √15.98} = ?
- 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.)
81% of 1550 + 27² = ? + 1386 ÷ 22
?² x