Question
Aman lends 50% of his sum of money at 17% per annum, 40%
of rest at 12% per annum and the rest at 15% per annum rate of interest. What would be the annual rate of interest, if the interest is calculated on the whole sum?Solution
Let the person have Rs. 100 Then SI for 1 year = Rs. [(50 × 17 × 1)/100 + (20 × 12 × 1)/100 + (30 × 15 × 1)/100] = Rs. (8.5 + 2.4 + 4.5) = Rs. 15.4 ∴ Rate of interest on whole sum = 15.4%
Find the total cost of production of shoes by Puma and Adidas together?
The cost of production of Track suits by Nike is approximately what percent more than the cost of production of Shoes by Reebok?
What is the amount of profit earned by Reebok on Sneakers?
What is the difference between the profits earned by New Balance, Adidas by selling Shoes?
What is the ratio of the number of mock tests sold of SBI PO during December to those sold during July of the same exam?
If the sales team earned a profit of Rs 433 on each mock tests sold of SBI PO during September, what was his total profit earned on the mock tests of th...
Find the total profit earned by selling Track suits by New Balance and Nike.
What is the ratio of the cost of Production of Laptops by HP to the cost of Production of Desktop by the Samsung Company ?
Total sales of Sports shoes by Adidas is what per cent of the total sale of Sneakers by Reebok?
What is the total of the profit earned by Samsung Company on the production of Desktops and the Profit of Intex on the Production of Laptops?
Relevant for Exams:
