Suniyo donated Rs. 2000 each to both Nobita and Giyan. If Giyan invested the money at 10% rate of interest at simple interest and Nobita gives the money to Doremon who put this money into a gadget that gives 11% rate of interest compounded annually then find after 2 years Nobita will get how much more interest than Giyan and also if they return the money to Suniyo then how much money Suniyo will get at the end of 2 years?

Question

Suniyo donated Rs. 2000 each to both Nobita and Giyan. If Giyan invested the money at 10% rate of interest at simple interest and Nobita gives the money to Doremon who put this money into a gadget that gives 11% rate of interest compounded annually then find after 2 years Nobita will get how much more interest than Giyan and also if they return the money to Suniyo then how much money Suniyo will get at the end of 2 years?

Rs. 68.20 and Rs. 4868.20
Rs. 86.20 and Rs. 4886.20
Rs. 64.20 and Rs. 4864.20
Rs. 46.20 and Rs. 4846.20

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

Related Questions

X, Y and Z invested for certain time and the ratio of profit was 10 ∶ 15 ∶ 12. The amount Y invested was 15000 more than the amount invested by X, who invested 20,000 less than the amount invested by Z. X and Y invested for 5 and 3 years respectively. Find the time duration for which Z invested.?

1 Answers 5 Views

A, B and C invested 5600, 7700 and 9100 respectively for a certain time. A invested for 1 more year than B invested for, who invested for one more year than C invested for. The ratio of profits of B and C is 55 : 52. Find the time A invested for.?

1 Answers 5 Views

Two quantities I and II are given in the following questions. You have to find the values of both I and II by using your knowledge of mathematics and choose the most suitable relation between quantity I and II from the given options. Quantity I: Two persons A and B started a business with their certain initial capital. If A and B invested their capital in the business for 12 years and 8 years respectively and the ratio of their profit from the business is 21 : 16, then what is the initial capital invested by A if B invested Rs. 16000. (Consider only numerical value) Quantity II: Ratio of male to female who have a Visa card is 8 : 5 while the ratio of male to female who have a Master card is 4 : 7. The ratio of males who have a Visa card to those who have a Master card is 2 : 1. If the total number of males who have both cards is 15000 then find the total number of females who have both cards?

1 Answers 6 Views

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?

1 Answers 5 Views

Analyse the given information and answer the question that follows. The criteria for selecting a Branch Manager have been given as under: The candidate must: 1. Be a graduate in any stream with at least 50% marks. 2. Hold a post-graduate diploma in any stream of management with 60% marks. 3. Be between 25 and 35 years old on the date of application 4. Have branch managing experience of more than 2 years The following exceptions apply: A. If a candidate meets all other criteria except 4 above, the candidate will be referred to the General Manager. B. A candidate whose age is more than 35 years but less than 40 years will be referred to the Assistant Manager. Ashish Agarwal is a B.A. in English with post-graduation in Marketing Management. He has scored more than 52% in graduation and more than 65% in post-graduation. He is 47 years of age. He has experience as branch manager of 15 years. What decision should be taken about this candidate?

1 Answers 5 Views

Aron is the father of Abel, Abraham, and Adam whose age is 13, 7, and 5 years respectively. Aron wants to distribute his Rs. 1,58,000 in such a way that when their children get married at the age of 25 years. They should get equal simple interest. If he invested capital at 12%, 6%, and 24% rate of interest. Find out the money share of the youngest one.?

1 Answers 11 Views

A nationalized bank announced certain investment scheme which offers the interest at the rate of 15% per annum compound interest, interest is being compounded annually and the rate is increased by 5% for every subsequent year. If an amount received by a man after 3 three years who invested certain sum is Rs. 26910, then what was the sum invested by the man?

1 Answers 6 Views

Sachin lent Rs. 20000 to Ankit at simple interest at the rate of 10% per annum for 2 years and Ankit lent half of the money to Gaurav at simple interest at the rate of 5% per annum for 2 years and lent rest half of the money to Amar at compound interest at the rate of 10% per annum for 2 years. Find the profit or loss of Ankit after 2 years in the whole transaction. ?

1 Answers 11 Views

Raj has taken some money on simple interest at the rate of interest of 24% per annum for 5 years. He gave 3/4th money to Sam at a rate of interest of 25% for 4 years and the remaining all Rs. 15000 to Radha at a rate of interest of 20% for 5 years. What is Raj’s profit/loss in this whole transaction after 5 years?

1 Answers 5 Views

A, B and C are partners in a business. A invested Rs. 4000 for the whole year, B invested Rs. 6000 initially but increased his investment up to Rs. 8000 at the end of 4 months, while C invested Rs. 8000 initially but withdrew Rs. 2000 at the end of 9 months. At the end of the year, total earned profit is Rs. 16950. Find their shares of profit.?

1 Answers 4 Views

AhmedNazir · Accepted Answer · 2022-09-04T04:29:57+06:00

Option 3 : Rs. 64.20 and Rs. 4864.20

Given:

Giyan got Rs. 2000 and invested this money at a rate of 10% for 2 years on simple interest.

Nobita also gets Rs. 2000 and invests this money at a rate of 11% for 2 years on compound interest.

Concept:

We will calculate the individual rate of interest for both Giyan and Nobita and then find the difference between them.

Formula used:

Simple interest (SI) = (Principal (P) × Rate (R) × Time (T))/100

⇒ SI = (P × R × T)/100

And in compound interest (CI),

Amount (A) = P (1 + R/100)^T

CI = A – P

Successive increase = x + y + (x × y)/100

Where x and y are two rates of interest.

Calculation:

Interest of Giyan

SI = (2000 × 10 × 2)/100 = 400

So, Giyan will get Rs. 400 as interest

For Nobita,

A = 2000 × (1 + 11/100)²

⇒ A = 2000 × 111 × 111/10000 = 2 × 12321/10 = 2464.2

CI = 2464.2 – 2000 = 464.2

∴ Nobita will get Rs. 64.20 extra interest from Giyan.

∴ The total amount received by Suniyo after 2 years = 2000 + 2000 + 400 + 464.2 = Rs. 4864.20

Short trick:

SI for 2 years at a rate of 10% = 2 × 10 = 20% = Rs. 400

CI for 2 years at a rate of 11% = 11 + 11 + (11 × 11)/100 = 23.21% = Rs. 464.20

∴ Nobita will get 3.21% extra interest i.e. = 3.21 × 2000/100 = Rs. 64.20

∴ The total amount received by Suniyo after 2 years = 2000 + 2000 + 400 + 464.2 = Rs. 4864.20