Question
Atul has Rs.400 with him. He invested 40% of the amount
at 4% p.a. for 5 years and rest at 15% p.a. for 3 years. Find the sum of simple interests received by Atul from the two investments.Solution
SI received from 40% of the sum = (0.4 x 400 x 4 x 5)/100 = Rs.32 SI received from 60% of the sum = (0.6 x 400 x 15 x 3)/100 = Rs.108 Therefore, total SI received = Rs.(32 + 108) = Rs.140
More Simple and compound interest Questions
- What will come in place of the question mark (?) in the following series?
6, 6, 9, ?, 32, 56 If series II follows the same sequence pattern as series I shown below, determine the value of 'p'.
Series I: 40, 25, 30, 50, 105, 267.5
<...4, 12, 36, 108, ?, 396
120, 157, 116, 159, ?, 165
36, 72, 47, 63, ?, 58
- What will come in place of (?), in the given number series.
100, 95, 85, 70, ?, 25 7, 8, 18, 57, 232, ?
12 ? 545 2729 10919
64, 66, 69, 74, 81, ?
12, 27, ?, 113, 141, 285, 313
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