Question
Raman paid Rs.9,600 in interest on a loan she obtained 5
years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?Solution
Let the taken loan =100Rs So, interest on 100 Rs at the rate of 16% for 5 years=5×100×16/100=80Rs ATQ- 80=9600 1=120 100=12000. Taken loan =12000.
More Simple and compound interest Questions
69, 35.5, 39.5, 68.25, 152.5, ?
3   2    10   ?   17   16
Find the missing number in the given number series.
4, ?, 110, 665, 4660, 37285
195% of 1420 + 72 × 25 =?
55   56    52   61    ?      70    34
...[(145)² ÷ 25 × 52] ÷ ? = 29 × 13
53 × 38 + 32 × âˆ›54872 = ?
What will come in place of the question mark (?) in the following series?
24, 25, 34, 59, 108, 189, ?
(102 × 24)/8 = ?
What will come in place of (?) question mark in the given number series.
10, 17, 26, 37, 50, ?
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