English
Maharashtra State BoardSSC (English Medium) 7th Standard

Nasruddin and Mahesh Invested Rs 40,000 and Rs 60,000 Respectively to Start a Business. They Made a Profit of 30%. How Much Profit Did Each of Them Make? - Mathematics

Advertisements
Advertisements

Question

Nasruddin and Mahesh invested Rs 40,000 and Rs 60,000 respectively to start a business. They made a profit of 30%. How much profit did each of them make?

Sum
Advertisements

Solution

Nasruddin invested Rs 40,000

Mahesh invested Rs 60,000

Profit = 30%

Profit earned by Nasruddin = 30% of Rs. 40000

`= 30/100 xx 40000 = 12000`

Profit earned by Mahesh = 30% of Rs. 60000

`= 30/100 xx 60000 = 18000`

Thus, Nasruddin got Rs 12,000 profit and Mahesh earned Rs 18,000 as profit. 

shaalaa.com
  Is there an error in this question or solution?
Chapter 15.5: Miscellaneous Problems : Set 2 - Exercise [Page 100]

APPEARS IN

Balbharati Mathematics [English] Standard 7 Maharashtra State Board
Chapter 15.5 Miscellaneous Problems : Set 2
Exercise | Q 3 | Page 100

RELATED QUESTIONS

A page from the savings bank account of Mrs Ravi is given below.

Date Particulars Withdrawal
(Rs.)
Deposit (Rs.) Balance (Rs.)
April 3rd 2006 B/F     6000
April 7th By cash   2300 8300
April 15th By cheque   3500 11800
May 20th To self 4200   7600
June 10th By cash   5800 13400
June 15th To self 3100   10300
August 13th By cheque   1000 11300
August 25th To self 7400   3900
September 6th
2006
By cash   2000 5900

She closed the account on 30th September 2006. Calculate the interest Mrs Ravi earned
at the end of 30th September 2006 at 4.5% per annum interest. Hence, find the
amount she receives on closing the account.


Sonia had a recurring deposit account in a bank and deposited Rs. 600 per month for 2 1/2 years. If the rate of interest was 10% p.a., find the maturity value of this account.


A page from the ‘Savings Bank’ account of Priyanka is given below:

Date Particulars

Amount
withdrawn

(Rs.)

Amount deposited

(Rs.)

Balance

(Rs.)

03/04/2006 B/F     4000.00
05/04/2006 By cash   2000.00 6000.00
18/04/2006 By cheque   6000.00 12000.00
25/05/2006 By cheque 5000.00   7000.00
30/05/2006 By cash   3000.00 10000.00
20/07/2006 By self 4000.00   6000.00
10/09/2006 By cash   2000.00 8000.00
19/09/2006 To cheque 1000.00   7000.00

If the interest earned by Priyanka for the period ending September 2006 is Rs. 175, the find the rate of interest.

 


Mrs. Mathew opened a Recurring Deposit Account in a certain bank and deposited ₹ 640 per month for 4 ½ years. Find the maturity value of this account, if the bank pays interest at the rate of 12% per year.


Mr. Burman open a saving back account with Bank of India on 3rd April 2007 with a cash deposit of Rs 5,000/-. Subsequently, he deposited Rs 16,500/- by cheque on 11th April 2007, withdraw Rs 4,000/- on 10th May, paid Rs 3,500 for insurance by cheque on 7th July 2007, deposited Rs. 6,000/- in cash on 9th August 2007 and withdrew Rs 1,500/- on 12th Oct 2007.

Make the entries in his passbook


Ms. Chitra opened a saving bank account with SBI on 05.04.2007 with a cheque deposit of Rs 11,000/.Subsequently, she took out Rs 3,200/- on 12.05.2007; deposited a cheque of Rs. 8,800/- on 03.06.2007 and paid Rs 2,000/- by cheque on 18.06.2007.

If the rate of simple interest was 5% pa compounded at the end of March and September, find her balance on 1.04.2008


If Rihanna deposits 1500 rupees in the school fund at 9 p.c.p.a for 2 years, what is the total amount she will get?


At a certain rate of interest, the interest after 4 years on 5000 rupees principal is 1200 rupees. What would be the interest of 15000 rupees at the same rate of interest for the same period?


If Pankaj deposits 1,50,000 rupees in a bank at 10 p.c.p.a. for two years, what is the total amount he will get from the bank?


If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×