Ahaan lent Rs 1200 to Bhargav for 3 years at certain rate of simple interest and Rs 1000 to Pulkit for the same time at the same rate. If he gets Rs 50 more from Bhargav than from Pulkit , then what is the percent rate ?
P=P1-P2=1200-1000=200 I=50 T=3yrs R=x% I=P*T*R 50=200*3*x% x=25/3% Ans is 25/3%
A borrowed Rs.720 from B at 8% simple interest for 3 years and lent the same sum to C at 21/2 % simple interest for 2 years. What is the profit or loss for A in whole transaction?
A sum increases by 48% in 6 years at certain rate of simple interest per annum, then how many years are required to approximately double the amount at the same annual rate of compound interest?
If difference between simple interest and compound interest of certain sum of money for 3 years at 7.5% per annum is Rs 138.375 then what is the sum?
