Question
Some amount out of Rs. 15000 was lent out at 10% per
annum and the rest amount @ 16% per annum and thus in 4 years the total interest from both the amount collected was Rs. 6000. What is the amount which was lent out at 10% per annum?Solution
Let x be the amount at 10% p.a. So (15000 - x) will be invested in 16% p.a. So (x×10×4)/100+((15000-x) ×16×4)/100 = 6000 Or 40x + 960000 – 64x = 600000 Or 24x = 360000 so, x = 360000/24 = 15000
A river drains the water collected from a specific area, is known as?
In which year was the Indian national anthem sung for the first time at the Indian National Congress Session?
Who was the President of the Indian National Congress during the visit of the Simon Commission to India?
Who became the first female to be appointed to the ICC International Panel of Match Referees in 2019?
The Indian Air Force has unveiled a new initiative with the Indian Oil Corporation Ltd.
How many member countries are in the African Union?
Under recent climate action plans, which sector receives major focus for adaptation?
Which city is called lake city in M.P?
Solve the following:
1800 ÷ (11 × 24 ÷ 8 × 3 – 69)²
Which of the following is the autobiography of the first Indian President Dr. Rajendra Prasad?
Relevant for Exams:
