Question
Simple interest received at the rate of 8% p.a. for 4
years on a principal amount of Rs. 6600 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. ‘X’. Find the value of ‘X’.Solution
According to the question, (6600 × 0.08 × 4) = 2 × (X × 0.10 × 6) Or, 2112 = 1.2X Or, X = 2112/1.2 = 1760
More Simple and compound interest Questions
(3374 ÷ 125.13)1/3 + (362 ÷ 11) = ?2 – 27.79
- 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.)
- 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.)
102.89 of 3.08 = 59.98% of 499.94 + √?
11.992 + (6.01 × 5.98) + ? = 350.03
7.898 × ? + 139.89` ` `-:` 14.23 = 4004.04 – 353.89
` `
156.76 + 14.08² + ?³ = √625.12 * 26.87
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.)...
- 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.)