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31.
Find the Simple Interest on Rs. 7500 at 11% for 2 Years and 5 months.
- A.1850.25
- C.1856
- B.1856.25
- D.1857.25
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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32.
Srimathy borrowed a sum for 3 years on S.I. at 10%. The total interest paid was Rs. 360. Find the Principal.
- A.1000
- C.1500
- B.1100
- D.1200
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
| Let the Principal be P | |||||||
| S.I. = 360 | |||||||
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33.
The difference between the Simple Interest and Compound Interest on a certain sum for 2 years at 15% Interest is Rs. 90. Find the Principal.
- A.3000
- C.4000
- B.3500
- D.2500
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
| Difference between the compound interest and simple interest for 2 years on | ||||||||
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34.
Mr. Prakash borrowed a sum of Rs. 10000 from a finance company for 6 years at 8% per annum. The amount returned by Mr. Prakash to the finance company is
- A.Rs. 14800
- C.Rs. 13300
- B.Rs. 12600
- D.None of these
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| We have, P = Rs.. 10000, R = 8% per annum, T = 6 years. | |||||||||||||
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| This, Mr. Prakash returned Rs. 14800 to the finance company | |||||||||||||
35.
Rakesh borrowed Rs.5000 from Ganesh at simple interest. If Ganesh got Rs. 500 more than his capital after 5 years, then the rate of interest per annum is
- A.2%
- C.4%
- B.3%
- D.None of these
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| Here, P = Rs. 5000, I = Rs. 500, T = 5 years. | ||||||
| Therefore, using the formula | ||||||
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