Question
A sum of money, invested for 8 years on 5% per annum
simple interest, amounted to ₹287 on maturity. What was the sun invested in?Solution
Let the P=x A =287 SI =287-x 287-x =(x×5×8)/100 287-x =40x /100 140x =28700 x =205Rs.
Jeevan borrowed an amount of Rs. 'x' from a bank. Out of this, he lent 25% of the borrowed amount to Jeshu at a simple interest rate of 20% per annum fo...
Ravi lends Rs. 5,000 to two of his friends. He gives Rs.2500 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. ...
Simple interest earned on an amount of Rs. 1000 at rate of R% per annum after 4 years is Rs. 200. Find the simple interest earned on an amount of Rs. 16...
Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amou...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
Kamal invested Rs. 6,250 in scheme 'A', which provided a simple interest rate of 13% per annum. After 4 years, he reinvested the entire interest earned ...
A man invested Rs. 15,000 at simple interest of 'x%' p.a. and received Rs. 30,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%...
Anjali invested Rs.12000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(ca...