Bissoy.com
Doctors Medicines MCQs Q&A

A bond gets matured in 10 years . invested TK. 42,000 in this bond and received Tk. 105000 once the bond matured . If the bond was under simple interest . then what was the rate of interest per annum?

A bond gets matured in 10 years . invested TK. 42,000 in this bond and received Tk. 105000 once the bond matured . If the bond was under simple interest . then what was the rate of interest per annum? Correct Answer 15%

Simple interest of 10 years 105000 - 42000 = 63000 Simple interest of 1 years 6300010 = 6300We know, r = 1×100p×n = 6300×10042000×1 = 15%

Related Questions

Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relation among the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. The options represent the relations among three quantities. A. < B. > C. ≤ D. ≥ E. = Quantity 1: Sumit invested Rs. X for 2 years at the rate of R% per annum simple interest. The interest obtained is Rs. 450 less than the interest obtained when the same sum is invested for 2 years at the rate of (R + 9)% per annum simple interest. Find the value of X. Quantity 2: Ankit invested Rs. Y for 2 years at the rate of 10% per annum compounded annually. The interest obtained is 795 less than the compound interest received by him when he invested a sum of Rs. 3000 for 2 years at the rate of 20% per annum compounded annually. Find the value of Y. Quantity 3: Difference of CI and SI obtained on a sum of Rs. Z when invested for 2 years at 10% per annum is Rs. 20. Find the value of Z. 
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?
Questions below followed by three quantities. Find the relationship between them. Quantity I: Peter invested Rs. P in a scheme A offering simple interest at 12% per annum for five years. He invested the whole amount he received from scheme A in another scheme B offering simple interest at 5% per annum for 4 years, if the difference between the interests earned from scheme A and B was Rs. 2240. What is the value of P? Quantity II: Mohan deposited Rs. 12000 at simple interest which amounted to Rs. 16800 after 4 years . Had the interest been 5% more, how much amount he would have got? Quantity III: The SI on certain sum of money for 18 months at the rate of 8% per annum exceeds the SI on the same sum at 10% per annum for 12 months by Rs. 200. Then find the sum?
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 person has Rs. 30000 and he invested in four schemes. In 1st scheme he invested 10% of the sum at the rate of 20% per annum, while in 2nd scheme he invested 12% of the amount at the rate of 10% per annum, while in 3rd scheme he invested 25% at the rate of 20% per annum, while in 4th scheme he invested remaining amount at the rate of 25% per annum. After 2 years what is the total amount received by the person.
Suraj invested a total of Rs 16000 in two schemes A and B. Out of the total money he invested some amount in scheme A which offers simple interest at the rate of 6% per annum for 2 years and the other amount in scheme B which offers interest at the rate of 11% per annum for 2 years. At the end of 2 years he found that the interest received from scheme B is Rs 120 more than the interest received from scheme A then find out amount invested in scheme B?
Find the interest obtained after 3 years on a sum which is invested on compound interest at the rate of R% per annum? Statement I: If Rs. 32000 is invested on simple interest at the rate of R% per annum, then Rs. 4480 interest is obtained in 2 years. Statement II: The difference of simple and compound interest on the sum is Rs. 245 after 2 years when invested at same rate.
Each of the questions 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. Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘v/10’ years at v% 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 ‘v/10’ is a natural number] What amount is received by Khushi after ‘v/10’ years? Statement I: Value of ‘v’ can be determined by the equation : 3v2 – 55v - 100 = 0. Statement II: Priya invested Rs. 1000 less than amount invested by Khushi. Statement III: Total sum received Priya and Khushi together after ‘v/10’ years is Rs. 4280.
Equal amount invested by Sachin and Yogesh in the test book for 3 years. Sachin invested compound interest at a rate of 10% per annum for three years and Yogesh invested simple interest at a rate of 10% per annum for 1st two years and rate of interest changes for 3rd year. If the return on investment is equal for Sachin and Yogesh, then what will be the the Rate of interest for Sachin in 3rd year?
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.