Question
Atul has Rs.550 with him. He invested 40% of the amount
at 5% p.a. for 6 years and rest at 20% p.a. for 5 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 550 x 5 x 6)/100 = Rs.66 SI received from 60% of the sum = (0.6 x 550 x 20 x 5)/100 = Rs.330 Therefore, total SI received = Rs.(66 + 330) = Rs.396
More Simple and compound interest Questions
Match List-I with List-II and select the correct answer using the codes given below the list.
Micrografting is primarily used to produce plants free from:
Feni is made from
Which method is considered the best for milking ?
Study of communities is known asÂ
Strictly self pollinating crop is
Usually many field crops are propagated by seeds ,Which of the following crops is propagated vegetatively?
Which is a common crop which is grown of natural autopolyploid?
'Kozak' is associated with:
Inheritance of ABO blood group system is an example of____
