Rate of interest in total sum = (223/5000) ×100 =22300/5000=4.46% Total sum =27+23=50 ATQ- 50=5000 1=100 Now the sum at the rate of 4%=27=2700
A person borrowed Rs. 50,000 at a rate of 12% per annum for one year. He then lent it out as two separate loans to D and E. He lent Rs. 20,000 to D at 2...
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...
A person invested Rs. x at 20% CI p.a. in scheme A for 2 years. The interest received was reinvested in B for 2 years at 15% SI p.a. The amount received...
Mr. P invested Rs. ‘8x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of ...
A sum of Rs 8400 amounts to Rs 11,046 at 8.75% p.a. simple interest in a certain time. What is the simple interest on the sum of 9600 at the same rate f...
Anjali invested Rs.9000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from t...
Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests receiv...
Simran Funded Rs. 70,000 in two different SIP's. She funded the smaller amount at CI of 20% p.a. compounded annually, and larger amount at SI of 16.5% f...
The difference between the simple interest obtained on two principals for a period of 4 years at 5% p.a. rate of interest is Rs.8...
A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at a...