Question
A sum was put at simple interest at a certain rate for 7
years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?Solution
(P x (r + 6) x 7)/100 - (P x r x7)/100 = 1260 7Pr + 42P – 7Pr = 1260 x 100 42P = 1260 x 100 P = Rs 3000
More Simple and compound interest Questions
- Find the wrong number in the given number series.
5, 25, 30, 90, 92, 86 - Find the wrong number in the given number series.
8, 19, 12, 23, 16, 36 Find the wrong no in the given number series.
3, 7, 15, 31, 63, 127, 255
125, 142, 199, 320, 489, 778
1, 1.5, 3, 7.5, 22.5, 75, 315
Find the wrong number in the given number series.
22, 29, 50, 89, 134, 197
- In the given number series, find the wrong number.
1, 4, 9, 16, 25, 38, 49 Find the wrong number in given number series.
2010, 2018, 1998, 1982, 1950, 1886
Direction: Find the wrong number in given number series.
1102, 1140, 1186, 1240, 1318, 1412.
120, 146, 198, 276, 372, 510
Relevant for Exams:
