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Start learning 50% faster. Sign in nowMonthly instalment = Rs. 2,500 Total loan = Rs. 20,000 ∴ Number of instalment = 20,000/2,500 = 8 Once the payment starts outstanding balances will go on diminishing. Hence, from point of view of interest, principal = 20,000 + 17,500 + 15,000 + 12,500 + 10,000 + 7,500 + 5,000 + 2,500 = Rs 90,000 ∴ Interest on Rs. 90,000 for 1 month at 16% p.a. = (90,000 × 16 × 1)/(100 × 12) = Rs. 1,200 Average rate of interest = (100 × I)/(P × T) T = 8 months = 8/12 year = (1200 × 100 × 12)/(20,000 × 8) = 9%
A 40 hectare field is reaped by 4 men, 6 women and 8 children together in 10 days. If working capabilities of a Man, a Woman and a Child are in the rati...
P can do a piece of work in 10 days, Q can complete double the work in 30 days and R can do the work in 20 days. If all of them together earn Rs. 3900, ...
Avinash is twice as good as Bhuvanesh and together they can finish a job in 50 days. Bhuvanesh will finish the work alone in how many days?
Akhil and Nikhil together can complete a work in 9 days while Nikhil alone takes 12 days to complete 50% of the work. If the efficiency of Sachin is 20%...
P and Q can do a piece of work in 20 days and 12 respectively, P started the work alone and then after 4 days Q joined him till the completion of the wo...
A does 1/2 work and B does 3/4 work in the same time. Difference between number of days taken by A and B to work alone to complete the work individually...
A and B together, B and C together and A and C together can complete a piece of work in 12 days, 11 days and 9 days respectively. Find the ratio ...
A and B together can do a work in 5 days. If A can alone do the same work in 15 days, then in how many days B alone will do the same work?
Anil and Ashish receive Rs.1800 for work of 6 days. If Anil is 3 times efficient than Ashish, then find the daily wage received by Ashish.
