Question
Amit invested Rs. 96,000 in two SIPs labeled 'P' and
'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both at a simple interest rate. If the total interest earned from both SIPs after 2 years is Rs. 57,600, determine the value of 'p'.Solution
ATQ, 96000 × [(p - 3) /100] × 2 + 96000 × [(p + 3) /100] × 2 = 57600 Or, 960 × 2 × (p - 3 + p + 3) = 57600 Or, 2p = [57600/(960 × 2) ] Or, p = (30/2) So, p = 15
Lata can do 1/3rd of a work in 4 days and Asha can do 1/6th of the same work in 3 days. If both work together then how many days...
Komal and Seema individually can complete a task in ‘3a’ hours and ‘7a’ hours respectively. If they together can complete (2/3)rd of the work in...
Ajay alone can complete a work in 10 days and Bittu alone can complete the same work in 15 days. Ajay starts the work alone and after three days Bittu j...
‘A’ and ‘B’ alone can do a certain work in 30 days and 40 days, respectively. Both started the work together but after ‘x’ days ‘A’ left...
- X and Y can complete a piece of work in 20 days. They worked for 10 days and left. Z completed the rest of the work in 10 days. Find how long Z would take ...
P can complete a job in 30 days. Q alone can complete the same job in 20 days. P works for 18 days and then the remaining job is completed by Q. How man...
‘A’ and ‘B’ can complete a certain work in 16 days and 32 days, respectively. They started working together and worked till completion of the wo...
A, B, and C can individually complete a task in 20 days, 15 days, and 10 days, respectively. B and C begin the task and work together for 3 days, after...
Consider that 'A' and 'B' were collectively paid Rs. 9,000 for a job. Out of this amount, 'B' received Rs. 3,000. If 'B' can finish this task solo in 48...
'A' alone can do some work in 15 days. 'B' is 40% more efficient than 'A'. 'A' worked alone for 8 days and left. How much time (in days) does 'B' need t...
Relevant for Exams:
