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Some part of Rs 17500 was lent at the rate of 24% per annum simple interest and the remaining part at the rate of 10% per annum simple interest. The total interest received after 5 years is Rs 13300. What is the ratio of money lent at the rate of 24% and 10%?
A
12 : 13
B
3 : 4
C
3 : 2
D
13 : 22
Correct Answer:
13 : 22
I had Rs. 10000 with me. Out of this money I lent some money to A for 2 years @ 15% simple interest. I lent the remaining money to B for an equal number of years @18% simple interest. After 2 years, I found that A had given me Rs. 360 more as interest as compared to B. The amount of money which I had lent to B must have been.
A
Rs. 2000
B
Rs. 3000
C
Rs. 4000
D
Rs. 5000
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 sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is:
A
5 : 8
B
8 : 5
C
16 : 15
D
31 : 6
A sum of Rs.1550 was lent partly at 8% p.a. simple interest. The total interest received after 3 years was Rs.300. The ratio of the money lent at 5% to that lent at 8% is :
A
5:8
B
6:7
C
16:15
D
17:18
Consider the following statements
If a sum of money is lent at simple interest, then the
I - money gets doubled in 5 years if the rate of interest is $$16\frac{2}{3}$$ %
II - money gets doubled in 5 years if the rate of interest is 20%.
III - money becomes four times in 10 years if it gets doubled in 5 years.
A
I and III are correct
B
II alone is correct
C
III alone is correct
D
II and III are correct
Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case ?
A
Rs. 1700
B
Rs. 1800
C
Rs. 1900
D
Rs. 2000
A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was thesum lent (in Rs)?
A
1000
B
1500
C
2400
D
3000
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
A person lent certain sum of money at 10% per annum simple interest. In 20 years the interest amounted to Rs 500 more than thesum lent. What was the sum lent (in Rs)?
A
200
B
500
C
1000
D
250
Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in thesetwo bonds?
A
Rs.2543
B
Rs.2534
C
Rs.2546
D
Rs.2750