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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?
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.
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.
The following questions are accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions. What will be the compound interest earned on a sum in two years? I. The simple interest on the same amount at the same rate of interest in two years is Rs. 800. II. The amount becomes more than double at compound interest in 10 years. III. The simple interest on the same amount at the same rate of interest in three years is Rs. 1,200.
What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400. III. Simple interest earned per annum is Rs. 2000
A invested Rs.900 on simple interest at the rate of interest of 18% for 2 years and B invested 5/6th of the amount invested on simple interest by A at the certain rate of interest for the same period of time. The amount earned by both after 2 years is Rs.2274. Find the rate of interest at which B invested amount.
The following questions have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. Find the rate of interest per annum. Statement I∶ Difference between the compound interest and simple interest earned on a certain sum in 3 years is Rs. 1024. Statement II∶ The amount doubles itself in 5 years invested in simple interest. Statement III∶ Simple interest earned in a year on the sum is Rs. 1600.
Anu invested an amount in scheme A for 2 years at the rate of 15% simple interest and a different amount in scheme B for 3 years at the rate of 18% simple interest. The interest earned from scheme B is Rs. 150 more than that earned from scheme A. If the total amount invested in both the schemes is Rs. 6500, then what is the total interest received by Anu?
In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option. Quantity I: A invests Rs 2500 and Rs 3000 for 2 years on simple interest at the rate of 15% and 20% respectively. After 2 years, he invested the total amount at a certain rate at compound interest annually for one year. The difference of interest earned after 2 years and after one year is Rs 1205, then find the rate of interest at which he invested that amount at compound interest. Quantity II: 11%