The difference between simple interest and compound interest on a sum of rs.4400 for 2years is rs.44. What is the rate of interest per annum?
10%
15%
12%
18%
20%
Option A Solution: Let the rate of interest be r% per annum. ATQ, 4400×r^2/(100×100)=44 r= 10%
If the sum of money gets tripled at a certain rate of simple interest in three years, in how many years it will become 9 times of it self with same rate of interest?
15 years
9 years
27 years
10 years
12 years
Option E Solution: Let the amount be P and rate of interest be R% per annum. ATQ, (3P-P)=P×R/100×3 R=200/3 Let us the assume that in t years amount will become 18 times itself . ATQ, (9P-P)=P×200/3×t/100 t=12 years
Difference between the simple interest received in 1.5 years at 24% per annum and that received in 3.5 years at 12% per annum on the same sum is Rs.1440, then find the sum ?
22000
30000
15000
24000
26000
Option D solution: 100x*3.5*12/100 – 100X*1.5*24/100=1440 42x-36x=1440 x=240 Required sum = 100x =100*240=24000
A lent of Rs.3000 to B for 2 years and Rs.1000 to C for 4 years on simple interest at the same rate of interest and received Rs.500 in all from both of them as interest. The rate of interest per annum is ,
10%
8%
6%
9%
5%
Option E solution: 3000*r/100*2+1000*r/100*4=500 60r+40r=500 r=5%
The interest earned on a certain sum in 2years at 20% pa at CI is twice the interest earned on Rs.2200 for 2years at 10% SI. Find the value of sum.
3000
2000
2250
1280
1600
Option B Solutions: p(1+r/100)^2-p=2*2200*10*2/100=880 p36/25-p=880 p=2000
Ram divided his total amount between his brother and sister in the ratio 5:3. His brother invested his share on CI for two years at the rate of 10% and received the interest rs.480 less than his sister ,who invested her share on SI for three years at the rate of 15%. find the share of individual Ram’s brother and sister respectively.
8000,4800
6400,5000
4800,3500
5000,3000
none of these
Option A Solution: Let total savings of Ram is rs.8x share of his brother =rs. 5x and share of sister =rs.3x CI received by his brother = 5p [(1+10/100)^2-1]=105p/100 ATQ, 3p*15/100*3-105p/100=480 135p/100-105p/100=480 30p=48000 p=rs.1600 Ram’s brother share=1600*5=rs.8000 Ram’s sister share=1600*3=rs.4800
Rajat invested rs.P on CI of the rate of 10% for 2 years and suman invested rs.Q on SI at the rate of 20% for 3 years and ratio of interest got by Rajat in 2nd year and total interest got by Suman is 1:3. If Rahul invested rs (P+Q) on SI for 2 years on 12% p.a. and gets rs. 372 as interest. Find amount of Rajat and Suman invested individually.
1000,550
1600,800
1200,900
1500,600
none of this
Option Solution: 2nd year CI on 10% =10+10*10/100=11% total 3 year SI at 20%=20*3=60% According to questions , 11P/60Q=1/3 P=1/3*60/11=20Q/11 also given, (20Q/11+Q)*12/100*2=372 31Q/11*24/100 = 372 Q =372*1100/31*24 Q=rs. 550 P=20*550/11 =rs.1000
Srikatnta invested a sum of rs.20,000 in a scheme offering simple interest at 30% p.a. after 2 years, he again invested total money he got from scheme in share market of 80 per share, after 3 month he sold all his share at rs. 100 per share. Find his total profit.
8000
10,000
6000
9000
none of this
Option A Solution: Amount = 20000+20,000*30*2/100=rs.32,000 Units of share parched =32000/80=400 selling price of share =400*100=40,000 Profit = 40,000-32000=8000
The simple interest accrued on a certain sum is rs. 5000 in 4 years at the rate of 10 p.a. What would be the compound interest accrued on the same sum at the same rate in years ?
3100
2625
1200
1400
none of this
Option B solution: Let the sum be rs.x x*10/100*4=5000 x=12500 CI for 2years @ 10%=10+10*10*10/100 =21% 21% of 12500 =2625
A invested total of rs.80,000 in two schemes M and N for 2 years. In scheme M he invested at 18% p.a. at SI and in scheme N he invested at 20% p.a at CI compounded annually. If SI received is rs.4800 more than CI, then find amount invested by him in scheme N.
50,000
30,000
40,000
20,000
none of these
Option B solutions: Let amount invested in scheme N =x and in scheme M =80000-x rate of interest of scheme N=20+20+20*20/100=44% [(80000-x)18*2/100]-44x/100=4800 2880000-36x/100-44x/100=4800 80x=2400000 x=30000
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Thanks a lot
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Heya just wanted to give you a quick heads up and let you know a few of the
images aren’t loading correctly. I’m not sure why but I think
its a linking issue. I’ve tried it in two different web
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One more thing. It’s my opinion that there are lots of travel insurance web pages of respectable companies that permit you to enter your holiday details to get you the quotations. You can also purchase this international travel cover policy on the net by using your credit card. All you should do will be to enter your current travel details and you can understand the plans side-by-side. Only find the program that suits your financial allowance and needs and after that use your credit card to buy them. Travel insurance on the web is a good way to check for a trustworthy company to get international travel cover. Thanks for giving your ideas.
Heya just wanted to give you a quick heads up and let you know a few of the
images aren’t loading correctly. I’m not sure why but I think
its a linking issue. I’ve tried it in two different web
browsers and both show the same results.
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