मराठी

Reshma put an amount at simple interest at a certain rate for 3 years. Had she been put at a 2% higher rate, she would have received Rs 360 more. Find the sum.

Advertisements
Advertisements

प्रश्न

Reshma put an amount at simple interest at a certain rate for 3 years. Had she been put at a 2% higher rate, she would have received Rs 360 more. Find the sum.

बेरीज
Advertisements

उत्तर

Let P and R represent the principal amount and rate of interest p.a. respectively.

Given duration = T = 3 years

Simple interest = `"PRT"/100 = (3"PR")/100`

Given that, had the amount been kept at 2% more, then gain would have been ₹ 360 more.

i.e. `("P"("R" + 2)(3))/100 = (3"PR")/100 + 360`

∴ `(3"PR")/100 + (6"P")/100 = (3"PR")/100 + 360`

∴ `(6"P")/100 = 360`

∴ P = 6000

∴ The sum of money is ₹ 6,000.

shaalaa.com
Simple and Compound Interest (Entrance Exam)
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Commercial Mathematics - Miscellaneous Exercise 9 [पृष्ठ १४४]

APPEARS IN

बालभारती Mathematics and Statistics (Commerce) Part 2 [English] Standard 11 Maharashtra State Board
पाठ 9 Commercial Mathematics
Miscellaneous Exercise 9 | Q 7 | पृष्ठ १४४

संबंधित प्रश्‍न

The difference between Simple Interest and Compound Interest on Rs. 500 for 1 year at 10% per annum, reckoned half-yearly is


What will be the difference in simple and compound interest on Rs. 2, 000 after three years at the rate of 10 percent per annum?


Ram borrows Rupees 520 from Govind at a simple interest of 13% per annum. What amount of money should Ram pay to Govind after six months to be absolved of the debt?


The difference between the simple interest and the compound interest (compounded annually) on ₹2000 for 2 yr at 8% per annum will be


Mr. Thomas invested an amount of ₹13900 divided in two different Schemes A and B at the simple interest rate of 14% per annum and 11% per annum, respectively. If the total amount of simple interest earned in 2 yr be ₹3508, what was the amount invested in Scheme B?


A sum of ₹725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of ₹362.50 more is lent but at the rate twice the former. At the end of the year, ₹33.50 is earned as interest from both the loans. What was the original rate of interest?


At what rate of compound interest per annum will a sum of ₹1200 become ₹1348.32 in 2 years?


What would be the compound interest on Rs 4200 for 18 months at 10% per annum compounded half-yearly?


A certain sum of money becomes three times itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?


The difference between simple interest and compound interest on a certain sum of money is Rs. 32 at 8% per annum for 2 years. Find the amount.


The compound interest on Rs. 30000 at 7% p.a. is Rs. 4347. What is the period in years?


The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:


At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?


A salesperson, with a view to promoting sales of an item, applies the principle of simple interest. He declares that 300 pieces of the item can be obtained immediately against cash payment, but a customer will get only 200 pieces of the item if he defers the payment for a year. What is the rate percentage of interest on the whole? 


What will be the compound interest (in ₹) on ₹10,000 for 2 years at 5% per annum, compounded annually? 


What will be the compound interest on a sum of ₹22,500 at the rate of 16% per annum for 1 year, when interest is compounded half yearly? 


In how much time (in years) will ₹7200 amount to Rs. 8928 at simple interest at the rate of 8% per annum?


Find the rate percent per annum, if ₹2000 amounts to  ₹2,315,25 in a year and a half, interest being compounded half-yearly. 


If the Interest paid by Sambha on ₹14000, is ₹1260 for a period of 3 years. then find the rate of simple interest charged.  


The difference between C.l. and S.I. on ₹16000 for 1 year at 10% p.a. reckoned half-yearly is- 


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×