Question
Santosh invested Rs.9000 in a scheme for 6 years which
is offering 15% simple interest. The amount received after 6 years from scheme B has been invested in another scheme offering 20% compound interest for one and half years, compounded half yearly. What will be the amount (approx.) received to Santosh after seven and half years?Solution
Simple interest earned by Santosh in 6 years at rate of 15% = (9000*15*6)/100 = Rs. 8100 Total amount earned by Santosh after 6 years = Rs. 9000+ Rs. 8100 = Rs. 17100 Amount received after investing in a scheme offering compound interest at rate of 20% compounded half yearly after one and half years. R = 10%, n = 3 A = 17100*(1+(10/100))3 A= 17100*1.331 A= Rs. 22760.1
A and B have incomes in the ratio of 5:6. A spends 30% of his income and manages to save Rs. 17,500. Based on this information, calculate the income of B.
Monthly income of A is Rs. 6500 and he saves 36% of his monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is inc...
A candidate who gets 24% marks fails by 8 marks but another candidate who gets 40% marks gets 12% more than the passing marks. Find the maximum marks.
Sam started with 275 chocolates, and Jim had 35 chocolates more than Sam. Each consumed a portion of their chocolates—Sam ate 20% of his, and Jim ate ...
A man's annual income has increased by Rs 5 lakhs but the tax on income that he has to pay has reduced from 12% to 10%. He now pays Rs 10,000 more inco...
Anju deposited two parts of a sum of Rs. 30,000 in different banks at the rate of 15% per annum and 12% per annum respectively. In one year she got Rs. ...
A number when reduced by 35% gives 195. Find the number?
Ravi scored 35% in an exam and failed by 40 marks. Meena scored 50% and crossed the passing mark by 20 marks. What are the passing marks of the test?
The respective ratio of monthly income of A to monthly income of B is 9:10, and A’s saving is (100/11)% more than B’s saving. Find the expenditure o...
- In a contest between two nominees 'X' and 'Y', 10% of all the votes were found to be invalid. If 'X' secured 60% of the valid votes and 'Y' got 21,600 vali...
