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

Virat opened a Savings Bank account in a bank on 16th April 2010. His pass book shows the following entries:

Date Particulars

Withdrawal

(Rs.)

Deposit (Rs.) Balance (Rs.)
April 16, 2010 , By cash - 2500 2500
April 28th By cheque - 3000 5500
May 9th To cheque 850 - 4650
May 15th By cash   1600 6250
May 24th To cash 1000 - 5250
June 4th To cash 500 - 4750
June 30th To cheque - 2400 7150
July 3rd By cash - 1800 8950

Calculate the interest Virat earned at the end of 31st July 2010 at 4% per annum interest. What sum of money will he receive if he closed the account on 1st August 2010?


Ashish deposits a certain sum of money every month is a Recurring Deposit Account for a period of 12 months. If the bank pays interest at the rate of 11% p.a. and Ashish gets ₹ 12,715 as the maturity value of this account, what sum of money did money did he pay every month?


Puneet has a Recurring Deposit Account in the Bank of Baroda and deposits Rs. 140 per month for 4 years. If he gets Rs. 8,092 on maturity, find the rate of interest given by the bank.


A recurring deposit account of Rs. 1,200 per month has a maturity value of Rs. 12,440. If the rate of interest is 8% and the interest is calculated at the end of every month; find the time (in months) of this Recurring Deposit Account.


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.

If he closed the account on 14th December and if the rate of simple interest is 4% pa, then find the amount he received on closing the account.


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?


Shrikant deposited 85,000 rupees for `2 1/2` years at 7 p.c.p.a. in a savings bank account. What is the total interest he received at the end of the period?


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?


Fill in the blanks in the table.

Principal Rate of interest (p.c.p.a.) Time Interest Amount
8000 5% ...... 800 ......

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×