Advertisements
Advertisements
प्रश्न
Riya bought ₹ 15,000 from a bank to buy a car at 10% simple interest. If she paid ₹ 9,000 as interest while clearing the loan, find the time for which the loan was given
Advertisements
उत्तर
Here Principal (P) = ₹ 15,000
Rate of interest (r) = 10%
Simple Interest (I) = ₹ 9000
I = `"Pnr"/100`
9000 = `(15000 xx "n" xx 10)/100`
n = `(9000 xx 100)/(15000 xx 10)`
n = 6 years
∴ The loan was given for 6 years
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.
Rohit borrowed Rs. 24,000 at 7.5 percent per year. How much money will he pay at the end of the 4th years to clear his debt?
The simple interest on a certain sum of money is `3/8` of the sum in `6 1/4` years. Find the rate percent charged.
Ashok lent out Rs.7000 at 6% and Rs.9500 at 5%. Find his total income from the interest in 3 years.
A sum of money, lent out at simple interest, doubles itself in 8 years. Find :
(i) the rate of interest
(ii) in how many years will the sum become triple (three times) of itself at the same rate percent?
A principal becomes ₹ 17,000 at the rate of 12% in 3 years. Find the principal.
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.
₹ 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.
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?
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.
