Rishabh borrowed a certain sum from Anita at a certain rate of 10% simple interest for 2 years. He lent this sum to Sunil at the rate 50% more than the rate on which simple interest was accrued. Find the C.I for 2 years Compounded annually at the new rate of interest if Rishabh paid Rs. 8000 as interest to Anita?

Rs. 12,900
Rs. 11,000
Rs. 13,900
Rs. 14,000
None of these

LohaHridoy

11 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 1 : Rs. 12,900

Given:

Rishabh borrowed a certain sum from Anita at a certain rate of simple interest for 2 years.

Formula used:

C.I = P ×

S.I = (P x R x T)/100

Calculation:

Hence S.I. = 8000

⇒ (P × R × T) /100 = 8000

⇒ (P × 10 × 2) /100 = 8000

⇒ P = 4,00,00

New rate = 50% more than 10 = 150/100 × 10 = 15%

Now,

C.I = P ×

⇒ C.I = 40000 ×

⇒ C.I = 40000 ×

⇒ C.I = 40000 ×

⇒ C.I = 40000 × 129/400

∴ C.I = Rs. 12,900

11 views Answered 2022-09-04 04:29

Related Questions

A sum of Rs. 100000 is lent out in two parts, 1st part at 5% per annum and 2nd part at 6% per annum. If simple interest received on the sum given at 5% per annum is Rs. 765 more than the simple interest on the sum given at 6% in 1 year period. Find the sum which is lent at 6% per annum.?

1 Answers 4 Views

In the following question, three statements are given. You have to find which is/are necessary and sufficient to answer the following question. Find the rate of simple interest per annum. Statement I: Shikha borrowed Rs. 2000 from Suman for two years at simple interest. Statement II: Shikha returned Rs. 2320 to Suman at the end of two years and settled the loan. Statement III: The interest paid by Shikha is Rs. 320.?

1 Answers 4 Views

A sum of Rs. 2500 was lent partly at 8% per annum simple interest and partly at 5% per annum simple interest. If the total interest received after 3 years was Rs. 519 then find the ratio in which the sum is lent at 8% and 5% per annum.?

1 Answers 5 Views

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.?

1 Answers 5 Views

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.?

1 Answers 5 Views

Mr. A invested Rs. 5000 in a term deposit scheme which provides interest at the rate of 6% per annum compounded semi-annually for first year and compounded quarterly for second year at same rate and compounded annually for the next two years at the rate of 8% per annum. Calculate the amount of interest to be received by Mr. A after four years.?

1 Answers 5 Views

The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. A man clears a debt of Rs. 75000 by paying an amount of Rs. 94080. Find the rate of interest. I) He cleared his debt in 2 years. II) He paid an interest of Rs. 19080. III) The interest was compounded annually.?

1 Answers 5 Views

The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. Find the rate of simple interest per annum. I. Amit borrowed Rs. 15000 from Sumit for two years on simple interest. II. Amit returned Rs. 18000 to Sumit at the end of two years and settled the loan. III. The interest paid by Amit is Rs. 3000.?

1 Answers 4 Views

Out of Rs. 75000 a lady lends Rs. 15000 at \(7\frac{1}{2}\% \) per annum simple interest and Rs. 36000 at 8% per annum simple interest. She lends the remaining money at a certain rate of interest so that she gets total annual interest of Rs. 6885. The rate of interest per annum, at which the remaining money is lent, is?

1 Answers 6 Views

Ram had some amount in his hand. He opened 2 different accounts in the same bank and deposited half amount in first account which became 33/25 of itself in 8 years at a certain rate of simple interest and the remaining amount in second account on which simple interest at the same rate of interest accrued in 3 years is Rs. 240. Find the total amount he had.?

1 Answers 5 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)