Advertisements
Advertisements
प्रश्न
A memorial trust donates ₹ 5,00,000 to a school, the interest on which is to be used for awarding 3 scholarships to students obtaining first three positions in the school examination every year. If the donation earns an interest of 12 per cent per annum and the values of the second and third scholarships are ₹ 20,000 and ₹ 15,000 respectively, find out the value of the first scholarship.
Advertisements
उत्तर
Donation amount = ₹ 500000
Rate of interest for each year = 12% per annum
Time period = 1 yr
Interest received after 1 yr = `(500000 xx 12 xx 1)/100`
= 5000 × 12
= ₹ 60000
Scholarship amount for second position = ₹ 20000
Scholarship amount for third position = ₹ 15000
∴ Remaining amount for first position student
= 60000 – (20000 + 15000)
= 60000 – 35000
= ₹ 25000
APPEARS IN
संबंधित प्रश्न
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 7,500 at 5% p.a.
Mahesh deposited rupees 8650 in a bank at a rate of 6 p.c.p.a. How much money will he get at the end of the year in all?
Ahmed Chacha borrowed rupees 25000 at 12 p.c.p.a. for a year. What amount will he have to return to the bank at the end of the year?
If Manohar pays an interest of Rs. 750 for 2 years on a sum of Rs. 4,500, find the rate of interest.
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find
- Interest if period is one year.
- Principal for 2nd year.
- Interest for 2nd year.
- Amount if period is 2 years.
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find amount if period is 2 years.
₹ 6400 were lent to Feroz and Rashmi at 15% per annum for `3 1/2` and 5 years respectively. The difference in the interest paid by them is ₹ 150.
Chalk contains 10% calcium, 3% carbon and 12% oxygen. Find the amount of carbon and calcium (in grams) in `2 1/2` kg of chalk.
Radhika borrowed ₹ 12000 from her friends. Out of which ₹ 4000 were borrowed at 18% and the remaining at 15% rate of interest per annum. What is the total interest after 3 years?
What sum of money lent out at 16 per cent per annum simple interest would produce ₹ 9600 as interest in 2 years?
