Question
A can do a piece of work in 12 days, while B
alone can do it in 18 days. They work together for 6 days and the rest of the work is completed by C in 4 days. If they get Rs. 720 for the whole work, how should they divide the money?Solution
Work done by A and B in 6 days = (1/12 + 1/18) × 6 = 5/6 Work remaining = 1 - 5/6 = 1/6 ∴ C alone can do the work in 6 × 4= 24 days Ratio of their share work = 6/12 : 6/18 : 4/24 = 3:2:1 Share of A’s wages = 3/6 × 720 = Rs. 360 Share of B’s wages = 2/6 × 720 = Rs. 240 Share of C’s wages = 1/6 × 720 = Rs. 120
- If a sum earns Rs. 7,200 as simple interest at the rate of 20% p.a. for 3 years and 3 months, calculate the original sum.
Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for ...
Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the i...
Calculate the final amount Poonam will receive if she invests Rs. 2,500 at a compound interest rate of 80% per annum, compounded quarterly, over a perio...
A certain sum of money becomes 2500 in 6 years and Rs. 3240 in 10 years at any certain rate of simple interest. Find the principal amount.
Veeru invested Rs. 3100 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest...
A sum of money lent at compound interest at the rate of 30% per annum is paid back in three equal annual installments of Rs.4394. Find the sum of money?
Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 y...
Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1525.5 and simple interest of Rs.1500 at the end of 2 ye...