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The question below is followed by statements I, II, and III. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The difference between the compound interest and simple interest on a certain sum at a certain rate of interest per annum for two years is 204.20. What is the amount received on the sum of compound interest at the same rate of interest at the end of three years. I. The difference between the compound interest and the simple interest on the sum for three years is 804.258. II. The sum becomes Rs. 14528 at the end of one year. III. The compound interest on the sum for two years is 7% more than the simple interest on the sum for two years.
Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘x/10’ years at x% rate interest and khushi invested half of her amount at compound interest and remaining half at simple interest at the same rate of interest for the same time period. [It is given that ‘x/10’ is a natural number] What is the value of ‘x’? Statement I: Ratio of investment of priya and khushi is 1 : 2 respectively and total sum received by them together after a particular time at x% rate of interest is Rs. 4280. Statement II: Simple interest received by khushi is Rs. 40 less than compound interest received by her. Statement III: Sum of simple interest and compound interest received by khushi after a certain time at x% rate of interest is Rs. 2500 Which of the above statement is redundant to find the answer of the given question?
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relationship between the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. Quantity 1: An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes. Quantity 2: A sum of Rs. 725 is lent at the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest? Quantity 3: The difference between the compound interest and the simple interest on an amount of 15000 for 2 years is Rs. 96. What is the rate of interest per annum?
The following question have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. Suman borrowed some amount of money at compound interest for 3 years. Find the amount to be paid by her after 3 years. Statement I: Simple interest on the same sum at the same rate of interest in 5 years will be 1/4th of the principal. Statement II: The simple interest on the sum after 6 years will be Rs. 12000. Statement III: The sum borrowed is 5 times the simple interest of 4 years.
Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. What is the rate of interest? I. Sum A becomes double in 4 years when invested at a certain rate interest per annum. (Consider simple interest) II. Mamta invests Rs. 5000 for t years and sajan invests Rs 3000 for T years at same rate of interest. Ratio of interest earned is 4 : 7. (Consider simple interest) III. Sum S becomes quadruple when invested in compound interest for 2 years at a certain rate of interest per annum.
A takes Rs. 8000 at the rate of 7.5% for 2 years on simple interest, B takes Rs. 10000 at the rate of 5% for 2 years on simple interest, C takes Rs. 12000 at the rate of 8.75% for 1.5 years on simple interest and D takes Rs. 15000 at the rate of 2.5% for 2 years on simple interest from a bank. Which one will pay the highest interest to the bank? 
The question below is followed by three statements I, II and III. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. What is the rate of interest per annum? I. An amount doubles itself at simple interest in 8 years. II. The difference between the compound interest and the simple interest on an amount of Rs. 20,000 in two years is Rs. 200. III. The Simple interest accrued in 10 years is more than the amount (principal).
Same principal is invested in schemes of compound interest and simple interest. The interest obtained in compound interest and simple interest schemes after 2 years are Rs. 3360 and Rs. 2800 respectively. If the rate of interest is 40%, then what is the principal (in Rs.)?
Equal principal is invested in schemes of compound interest and simple interest. The interest obtained in the compound interest and in the simple interest schemes after 2 years is Rs. 3520 and Rs. 3200 respectively. If the rate of interest is 20%, then what is the principal (in Rs.)?
A same principal is invested in schemes of compound interest and simple interest. The interest obtained in compound interest and simple interest schemes for two years are Rs. 630 and Rs. 600 respectively. If the rate of interest is 10%, then what is the principal (in Rs.) of each scheme?