If the amount is 4410 rupees on 4000 rupees at 5% annual compound interest rate, then the time is: [RPSC LDC-11.01.2014]
Amount = years.
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If the amount is 4410 rupees on 4000 rupees at 5% annual compound interest rate, then the time is: [RPSC LDC-11.01.2014]
Amount = years.
A sum of money becomes 900 rupees in 3 years and 945 rupees in 4 years at compound interest rate. Then the rate of interest is-
Explanation - Let the principal be P and rate be R%.
Dividing the two equations:
.
In how much time will a sum of 1000, at a 10% annual rate, compounded annually, become 1331 Rs? [Forest Guard Recruitment (Baran) : 2016]
years.
At what rate will a principal of 20000 Rs. become a compound amount of 24200 in 2 years at compound interest?
The difference between compound and simple interest on a sum for 2 years is 75 rupees. If the rate is 5% per annum, then the sum is: [Women Supervisor Exam-20.12.2015 (TSP)]
Difference for 2 years Rupees.
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A sum of money becomes double in 10 years at simple interest, in how many years will it become triple at the same interest rate?
Formula: (n1-1)/t1 = (n2-1)/t2 => (2-1)/10 = (3-1)/T => 1/10 = 2/T => T = 20 years.
Find the compound interest on 125000 rupees at the rate of 8% per annum for 9 months, when the interest is payable quarterly. [Patwar (Rajsamand, Sawai Madhopur, Sikar)-2011]
Principal = 125000, Rate = 8% per annum = 2% quarterly, Time = 9 months = 3 quarters. Amount = . Interest = 132651 - 125000 = 7651 Rs.
Hari has lent 1/3 part of his total money at 7% annual rate, 1/4 part at 8% annual rate, and the remaining part at 10% annual rate on simple interest. His annual income is 1683 Rs., so how much money did he have?
Let total money be .
rupees
A person borrowed a total of 2500 rupees from two moneylenders. He paid simple interest at the rate of 8% per annum on one loan and 6% per annum on the other loan. If he paid a total of 180 rupees as interest in one year, how much did he borrow at the rate of 8% per annum? [Patwar Exam 2009]
Let amount at 8% be x, then at 6% be (2500-x). Interest: Rs.
What will be the difference between simple interest and compound interest on 8690 rupees in 2 years at 8% per annum rate? [Patwar (Rajsamand, Sawai Madhopur, Sikar)-2011]
Difference = Rs. Approx 55.61 Rs.
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A sum of money becomes 660 rupees in 5 years and 776 rupees in 8 years at simple interest. Find the annual interest rate.
3 years interest = 776 - 660 = 116. 1 year interest = 116/3. 5 years interest = 193.33. Principal = 660 - 193.33 = 466.67. Rate = .
In how many years will 80000 rupees become 92610 rupees at 10% annual interest rate compounded semi-annually?
Rate = 5% semi-annually. Formula: . . T = 3 half-years = 1.5 years.
A sum of money doubles in 15 years at compound interest, in how many years will it become eight times?
Doubles in 15 yrs. 8 times = . So years.
What is the sum for which the compound interest of the second year at the rate of 10% per annum is 132 rupees? [Patwar (Jaipur, Sirohi, Udaipur)-2011]
Let sum be . Amount after first year , amount after second year . Interest for second year . Given . So, principal = Rs.
The ratio of simple interest rates in two banks A and B is . A person wants to deposit his total savings in these two banks in such a way that he gets equal half-yearly interest from both banks. The ratio in which he should deposit his savings in bank A and B should be:
Let the money deposited in bank A and B be and .
Ratio of interest = \frac{Principal \times Time \times Rate}{100}
\frac{P_1 \times 5 \times \frac{1}{2}}{100} = \frac{P_2 \times 4 \times \frac{1}{2}}{100}
P_1 \times 5 \times \frac{1}{2} = P_2 \times 4 \times \frac{1}{2}
\frac{P_1}{P_2} = \frac{4}{5}
P_1 : P_2 = 4 : 5$
The simple interest of a sum for 5 years becomes 3/5 of the principal, then the rate of simple interest will be: [REET (L-II)-24.7.2022(S-1)]
SI = . .
A person invested a certain amount at a simple interest rate of 4% per annum. In 8 years, the interest amount becomes 340 Rs less than the principal. Find the principal? [Forest Guard Recruitment (Baran) : 2016]
Let principal be . Interest = . Condition: Rs.
What will be the simple interest on 1800 rupees for 2 years 4 months 20 days at a 9 percent rate?
Time = 2 years + 4 months + 20 days = 2 + 4/12 + 20/360 = 2 + 1/3 + 1/18 = (36+6+1)/18 = 43/18 years
S.I. = (1800 × 9 × 43) / (100 × 18) = 387 Rupees
Which of the following is not equal to the compound interest on 48,000 Rs. for 3 years at 5% rate, calculated annually?
Explanation - Amount on 48000 rupees for 3 years at 5% rate =
(i) Half-yearly: years, . Calculation gives amount = .
(ii) Calculated every 4 months: years, . Calculation gives amount = .
(iii) Quarterly: years, . Calculation gives amount = .
(iv) In option (4), the calculation results differently, hence it is not equal.
A lent 5000 rupees to B for 2 years and 3000 rupees to C for 4 years on simple interest and received a total of 2200 rupees as interest, so what is the annual rate of interest?
Total Interest = 2200. Interest = (P1RT1)/100 + (P2RT2)/100 => 2200 = (5000R2)/100 + (3000R4)/100 => 2200 = 100R + 120R => 2200 = 220R => R = 10%.
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