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A man borrowed some money from a private organisation at 5% simple interest per annum. He lended this money to another person at 10% compound interest per annum, and made a profit of 26,410 in 4 years. The man borrowed
A
200000
B
150000
C
132050
D
100000
Correct Answer:
100000
Rohan borrowed a certain sum of money at simple interest. Rate of interest was 3% per annum for first 3 years, 4% per annum for next 5 years and6% per annum for next 7 years. If he paid Rs 2059 as interest, then what is the sum borrowed (in Rs)?
A
2400
B
2500
C
2900
D
3100
Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12160 as interest only at the end of 15 years, how much money did he borrow?
A
Rs. 8000
B
Rs. 9000
C
Rs. 10000
D
Rs. 12000
A class of 20 students borrowed library books for their research projected. Some of the students borrowed 3 books each, and the rest borrowed 2 books each. If a total of 52 books were borrowed, how many of the students borrowed, how many of the students borrowed 3 books each?
A
8
B
9
C
10
D
12
Rahul borrowed a sum of Rs. 1150 from Amit at the simple interest rate of 6 p.c.p.a. for 3 Years. He then added some more money to the borrowed sum and lent it to Sachin for the same time at 9 p.c.p.a simple interest. If Rahul gains Rs. 274.95 by way of interest on borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sachin ?
A
Rs. 1200
B
Rs. 1285
C
Rs. 1690
D
Rs. 1785
E
None of these
Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to
be repaid if he is repaying the entire amount at the end of 2 years?
I. The rate of interest is 5 p.c.p.a.
II. Simple interest fetched on the same amount in one year is Rs. 600.
III. The amount borrowed is 10 times the simple interest in 2 years.
A
.I only
B
III only
C
I or II
D
II and Either I or III only
Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years? I. The rate of interest is 5 p.c.p.a. II. Simple interest fetched on the same amount in one year is Rs. 600. III. The amount borrowed is 10 times the simple interest in 2 years.
A
I only
B
III only
C
I or II only
D
.II and Either I or III only
What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400. III. Simple interest earned per annum is Rs. 2000
A
I only
B
II and III only
C
All I, II and III
D
I only or II and III only
A person deposited a sum of of Rs 6000 in a bank at 5% per annum simple interest. Another person deposited Rs 5000 at 8% per annum compound interest. After two years, the difference of their interest will be = ?
A
Rs. 230
B
Rs. 232
C
Rs. 832
D
Rs. 600
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is
A
Rs.1650
B
Rs.1550
C
Rs.1750
D
Rs.1850
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
A
Rs.1550
B
Rs.1650
C
Rs,1750
D
Rs.1850