Q127 of 140 Page 196

What sum of money lent out at 16 per cent per annum simple interest would produceRs 9600 as interest in 2 years?

Given, I = 9600, T = 2year and R = 16%


⇒ we know that I =


∴ P =


=


= 30000


More from this chapter

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125

A memorial trust donates Rs 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 Rs 20,000 and Rs 15,000 respectively, find out the value of the first scholarship.

 126

Ambika got 99 per cent marks in Mathematics, 76 per cent marks in Hindi, 61 per cent in English, 84 per cent in Science, and 95% in Social Science. If each subject carries 100 marks, then find the percentage of marks obtained by Ambika in the aggregate of all the subjects.

 128

Harish bought a gas-chullah for Rs 900 and later sold it to Archana at a profit of 5 per cent. Archana used it for a period of two years and later sold it to Babita at a loss of 20 per cent. For how much did Babita get it?

 129

Match each of the entries in Column I with the appropriate entries in Column II:

Column I


i. 3:5


ii. 2.5


iii. 100%


iv.


v.


vi. 12.5%


vii. SP when CP = Rs 50 and loss = 6%


viii. SP when CP = Rs 50 and profit = Rs 4


ix. Profit % when CP = Rs 40 and SP = Rs 50


x. Profit when CP = Rs 50 and SP = Rs 60


xi. Interest when principal = Rs 800,


Rate of interest = 10% per annum and period = 2 years


xii. Amount when principal = Rs 150, Rate of interest = 6% per annum and period = 1 year


Column II


A. Rs 54


B. Rs 47


C. Rs 53


D. Rs 160


E. 60%


F. 25%


G.


H. 250%


I. Rs 159


J.


K. 20%


L. 0.125


M. 3 : 2


N. Rs 164


O. 3 : 3