ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Simple interest received at the rate of 9% p.a. for 5

    years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. тАШXтАЩ. Find the value of тАШXтАЩ.
    A 1500 Correct Answer Incorrect Answer
    B 1000 Correct Answer Incorrect Answer
    C 1400 Correct Answer Incorrect Answer
    D 1200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the question, (4000 ├Ч 0.09 ├Ч 5) = 2 ├Ч (X ├Ч 0.10 ├Ч 6) Or, 1800 = 1.2X Or, X = 1800/1.2 = 1500

    Practice Next
    More Simple and compound interest Questions

    Relevant for Exams:

    ask-question