Asmita invests an amount of Rs 9535 at the rate of 4 per cent per annum to obtain a total amount of Rs 11442

Monjur Alahi

Asmita invests an amount of Rs 9535 at the rate of 4 per cent per annum to obtain a total amount of Rs 11442 on simple interest after a certain period. For how many year did she invest the amount to obtain the total sum?
(a) 10 years

(b) 2 years

(c) 5 years

(d) 4 years

(e) None of these


0 like 0 dislike
1 views
Share with your friends

1 Answers

Salim Ahmed Kawsar

Call

(c) Let the required time = t years
Simple interest = (11442 – 9535) = Rs 1907
Simple  = P × T × R / 100
  1907 = 9535 x 4  x t / 100
 There for t = 1907 x 100 / 9535 x 4 = 5 years

0 like 0 dislike
1 views
Talk Doctor Online in Bissoy App
Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get

(i) after 6 months? Solution: Amount = 60000+60000 x 6%=60000+3600=63600 (ii) after 1 year? Solution: Amount = 63600+63600 6% = 63600+3816=67416

1 Answers 1 views
The major constituent of atmosphere by per cent is (i) Nitrogen (ii) Oxygen (iii) Carbon dioxide

(i) Nitrogen

1 Answers 1 views
Manish invests Rs.3,818, which is 20% of his monthly income, in insurance policies. What is his monthly income?

(a) The monthly salary of Manish will be =3818 x 100/20 = Rs.19090

1 Answers 2 views
Manish invests Rs.3,960, which is 30% of his monthly income, in insurance policies. What is his monthly income?

(a) Required monthly income =3960 x 100/30 = Rs.13200

1 Answers 3 views
What would be the per cent growth or birth rate per individual per hour for the same population mentioned in the previous question (Question 10)?

The correct answer is b. 200

1 Answers 1 views
Ms. Sandhya deposits an amount of Rs 31,400 to obtain a simple interest at the rate of 12 per cent per annum for 8 years.

(b) Simple Interest = P×R×T / 100 = 31400 x 8 x 12 / 100    = Rs 30144 Therefor Required amount = Rs (31400 + 30144) = Rs 61544

1 Answers 3 views
A farmer invests his own saving in doing farmings but hires labour to do work. Identify Implicit Cost.

Imputed interest of own saving is Implicit Cost.

1 Answers 1 views
A producer invests his own savings in starting a business and employs a manager to look after it.

Imputed interest of owner's self owned savings is implicit cost because implicit costs are incurred on the use of self-owned inputs Salary paid to manager to look after the business is...

1 Answers 1 views
Population explosion is associated with? (a) high birth rate low death rate (b) high birth rate and high death rate

(a) high birth rate low death rate 

1 Answers 1 views
Asmita visited her grandmother during summer holidays. Her grandmother prepared chips for her and stored it in airtight containers.

(a) Grandmother shows scientific temperament and concern for health. (b) Asmita's grandmother store the snack in an airtight container to prevent the food items from getting rancid.

1 Answers 1 views
X