If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
A. Rs. 51.25
B. Rs. 52
C. Rs. 54.25
D. Rs. 60
A. Rs. 51.25
B. Rs. 52
C. Rs. 54.25
D. Rs. 60
A. 7 years
B. 10 years
C. 15 years
D. 20 years
Explanation:
Let principal be Rs x and the rate is R % p.a.
Then X × (1 + R/100)5 = 2x
=> (1 + R/100)5 = 2
Let x × (1 + R/100)t = 8x
=> (1 + R/100)t = 8 = 23
={(1 + R/100)5 }3
=> (1 + R/100)t = (1 + R/100)15
=> T = 15 Years
A. 256
B. 432
C. 512
D. 640
A. 11m
B. 13m
C. 15m
D. 17m
A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
Let the sum invested in Scheme A be Rs. x and that in Scheme B be Rs. (13900 – x).
then , (x*14*2/100)+(13900-x)*11*2/100) =3508
28x – 22x = 350800 – (13900 x 22)
6x = 45000
x = 7500.
So, sum invested in Scheme B = Rs. (13900 – 7500) = Rs. 6400.
A. Rs. 697.50
B. Rs. 712.50
C. Rs. 787.50
D. None of these
Explanation:
Marked price is Rs. X
(7% of X) – 15 = 5% of X (Or)
7X/100 – 5X/100 = 15 or X = 750
A. 25%
B. 50%
C. 75%
D. 33%
Explanation:
(?% /100) * 120 = 90
? = 75%