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A man takes a loan of some amount at some rate of simple interest. After three years, the loan amount is doubled and rate of interest is decreased by 2%. After next 5 years, if the total interest paid on the whole is Rs. 13,600, which is equal to the same when the first amount was taken for \(11 \frac 1 3\) years, then the loan taken initially is:
A bank offers the personal loan at simple interest, rate of interest for 1st 2 years is 6%, for the next 4 years it is 8% and for the period beyond 6 years it is 10% per annum. If a person took a personal loan of Rs. 20L and paid Rs. 32.8L after some years. Find the number of years after which he repaid the loan.
A bank offers the business loan at simple interest, rate of interest for 1st 2 years is 8%, for the next 3 years it is 10% and for the period beyond 5 years it is 12.5% per annum. If a person took the loan of Rs. 20L and paid Rs. 36.7L after some years. Find the number of years after which he repaid the loan.
Rajeev visited an electronic gadgets store to buy Mobile phones and Laptops. He purchased 2 mobile phones and 1 laptop. For this purchase, he paid full amount of the Mobile phones but only one-third of the amount of the Laptop. In total he paid Rs. 60,000. After a week, he visited the store again and purchased 3 Mobile phones and 2 Laptops. For this purchase, he paid full amount of the Laptops but only two-third of the amount of the Mobile phones. This time he paid Rs. 1,10,000 in total. What amount he should pay if he purchase 1 Mobile phone and 1 Laptop only and pays full amount for both ?
Three workers X, Y and Z, are paid a total of Tk.5,500 for particular jobs. X paid 133.33% of the amount paid to Y and Y is paid 75% amount paid to Z.How much is paid to Z?
X' and 'Y' jointly take a loan, from 'Z' with promise to repay the loan amount with interest within two years. Soon after taking the loan 'X' is declared as an insolvent and remains insolvent till the date of repayment of loan. 'Y' also fails to repay the loan. 'X' on account of his status as insolvent enjoys immunity from legal proceedings. In these circumstances:
Sidhu Mose wala took a loan of Rs. 1200000 from a bank on simple intrest. Rate of interest offered by the bank was equal to the time period for which on takes the loan. If he paid Rs. 432000 as interest after x years to clear his loan. Find the time for which he took the loan.
Seema took a loan for his son’s 2 years Educational program. She took the loan of 7 lakh such that she will be charged 5% C.I during the duration of course and will be charged 7% Compound interest after completion of the course. She repaid half of the amount she has pay after completion of his son’s studies and rest of the money will be paid after 2 year. What is the total amount paid by her?
A company paid Rs. 6,00,000 as bonus to its employees at different levels A, B and C. Each employee at level A receives one and half times of the amount that was paid to each employee at level B and each employee at level B was paid twice the amount paid to the employee at level C. If 50 employees were on level A, 75 on level B and 100 on level C, how much amount was paid to each employee of level A ?
Rakesh took a home loan for Rs. 8000 at 10% simple interest and clears the home loan in three years. He paid Rs. 4500 as an installment in the end of first year and Rs. 3500 at the end of the second year. Find what amount should be paid at the end of the third year to clear the home loan.