15. Find the simple interest and the amount when: (a) Principal = Rs 6400, rate = 6% p.a. and time = 2 years (b)Principal = Rs 2650, rate = 8% p.a. and time = 212212 years?

15. Find the simple interest and the amount when: (a) Principal = Rs 6400, rate = 6% p.a. and time = 2 years  (b)Principal = Rs 2650, rate = 8% p.a. and time = 212212 years?
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Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

Two equal sums are lent at the same time at 6% and 5 % simple interest respectively. The former is recovered 24 months earlier than the latter. And the amount in each case is Rs. 2400. Find the sum of money lent initially. a) 1500 b) 2000 c) 2400 d) 3000 e) 3600

Description : Two equal sums are lent at the same time at 6% and 5 % simple interest respectively. The former is recovered 24 months earlier than the latter. And the amount in each case is Rs. 2400. Find the sum of money lent initially. a) 1500 b) 2000 c) 2400 d) 3000 e) 3600

Last Answer : Let the sum be S, time be ‘n’ years for 6%. n+2 years for 5% 2400 = S + S ×n × 6/100 2400 = S + S × (n+2) × 5/100 So, 6n = 5(n+2) or n = 10 years. 2400 = S + S × 10 × 6/100 = 1.6S S = 2400/1.6 = 1500 Answer: a)

An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if the interest rate is 8% per annum and if the sinking fund factor at 8% per annum interest rate for 10 years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Description : An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if ... years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Last Answer : (A) Rs. 31050

A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17

Description : A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17

Last Answer : (a) 15:16

The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal) (A) p.i.n. (B) p(1 + i.n) (C) p(1 + i)n (D) p(1 - i.n)

Description : The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal) (A) p.i.n. (B) p(1 + i.n) (C) p(1 + i)n (D) p(1 - i.n)

Last Answer : (A) p.i.n.

If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these

Description : If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these

Last Answer : Let the rate of interest p.c.p.a. be x. 2496 =15000 * x /100 x = 16.64 16.64 is the rate of interest compounded for two year & for one year = 8% 8% C.I. table for two year. I year = 8% II year = 8.64 Total =16.64% Answer: a)

2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950

Description : 2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950

Last Answer : (c) Rs.700

Some amount out of Rs. 10000 was lent at 6 % p.a. and the remaining at 4% p.a. If the total simple interest from both the fractions in 5 years was Rs. 1500, then the ratio of the 2 different amount is A)1:3 B)3:1 C)1:4 D)3:2

Description : Some amount out of Rs. 10000 was lent at 6 % p.a. and the remaining at 4% p.a. If the total simple interest from both the fractions in 5 years was Rs. 1500, then the ratio of the 2 different amount is A)1:3 B)3:1 C)1:4 D)3:2

Last Answer : A)1:3

Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%

Description : Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%

Last Answer : 4) 15%

The compound interest accrued on an amount of Rs. 25,500 at the end of three years is Rs. 8,440.5.What would be the simple interest accrued on the same amount at the same rate in the same period? a) Rs. 5,450/- b) Rs. 8,750/- c) Rs. 4,350/- d) Rs. 3,650/- e) Rs. 7,650/-

Description : The compound interest accrued on an amount of Rs. 25,500 at the end of three years is Rs. 8,440.5.What would be the simple interest accrued on the same amount at the same rate in the same period? a) Rs. 5,450/- b) Rs. 8,750/- c) Rs. 4,350/- d) Rs. 3,650/- e) Rs. 7,650/- 

Last Answer : A = P + Interest = 25500 + 8440.5 = 33940.5 A = P + 1 + (R/100)^3 33940.5 = 25500 a + R/100)^3 a + R/100)^3 = 33940.5 / 25500 a + R/100)^3 = 1.331 a + R/100)^3 = ... R = 10% Simple Interest = Principle Rate Time / 100 = 25500 10 3/100 = 7650 Answer: e)

To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to assume that the appropriate cost of capital is 10% and the appropriate risk-free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Description : To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to ... -free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Last Answer : C. Rs.33,346

Using simple interestWhat amount produces a loan of $1,000 to 9 months, at 6% annual interest What is the interest I of the previous problem transaction (problem 1)?

Description : Using simple interestWhat amount produces a loan of $1,000 to 9 months, at 6% annual interest What is the interest I of the previous problem transaction (problem 1)?

Last Answer : Hey, if someone reads this, don't worry about it I already found the answer but thanks for worrying.

The limits of percentage p of the longitudinal reinforcement in a column is given by (A) 0.15% to 2% (B) 0.8% to 4% (C) 0.8% to 6% (D) 0.8% to 8%

Description : The limits of percentage p of the longitudinal reinforcement in a column is given by (A) 0.15% to 2% (B) 0.8% to 4% (C) 0.8% to 6% (D) 0.8% to 8%

Last Answer : Answer: Option C

The hundredth part of the product of the principal (P), time (T), and rate (R) is simple interest (I), then I is _____express the statement using symb

Description : The hundredth part of the product of the principal (P), time (T), and rate (R) is simple interest (I), then I is _____express the statement using symb

Last Answer : The hundredth part of the product of the principal (P), time (T), and rate (R) is simple ... (I), then I is _____express the statement using symbols.

Four persons rented a grassland. P grazed 48 goats for 3 months, Q grazed 20 goats for 5 months, R grazed 70 goats for 4 months and S grazed 42 goats for 3 months. If p’s share of rent is Rs.1420. Find the total rent of the field? A) 6410 B) 6200 C) 6400 D) 6300

Description : Four persons rented a grassland. P grazed 48 goats for 3 months, Q grazed 20 goats for 5 months, R grazed 70 goats for 4 months and S grazed 42 goats for 3 months. If p’s share of rent is Rs.1420. Find the total rent of the field? A) 6410 B) 6200 C) 6400 D) 6300

Last Answer : Answer: A) Ratio of shares P,Q, R, S = 48*3 : 20 *5 : 70*4 :42*3 = 144 : 100: 280 : 126 = 72:50:140:63 Let total rent be Rs x Then P’s share = Rs. 72x/325 72x /325 = 1420 X = Rs.6410

On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off in the first year i.e. on 31st March, 2007, through P & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600

Description : On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off ... & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600

Last Answer : Answer: Rs. 1200

A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be (A) Rs. 1740 (B) Rs. 3480 (C) Rs. 5220 (D) Rs. 6960

Description : A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be (A) Rs. 1740 (B) Rs. 3480 (C) Rs. 5220 (D) Rs. 6960

Last Answer : (B) Rs. 3480

If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by (A) (1 + i)n/S (B) S/(1 + i)n (C) S/(1 + in) (D) S/(1 + n)i

Description : If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by (A) (1 + i)n/S (B) S/(1 + i)n (C) S/(1 + in) (D) S/(1 + n)i

Last Answer : B) S/(1 + i)n

Some amount out of Rs.8500 was lent at 5% per annum and the remaining was lent at 3% per annum. If the total simple interest from both the fractions in4 years was Rs.1500, the sum lent at 5% per annum was a) Rs. 2400 b) Rs. 2200 c) Rs. 2000 d) Rs. 6000

Description : Some amount out of Rs.8500 was lent at 5% per annum and the remaining was lent at 3% per annum. If the total simple interest from both the fractions in4 years was Rs.1500, the sum lent at 5% per annum was a) Rs. 2400 b) Rs. 2200 c) Rs. 2000 d) Rs. 6000

Last Answer : D Total simple interest received , I = Rs.1500 Principal , p = 8500 period, n = 4 years Rate of interest, r = ? Simple Interest, I=PNR/100 1500 = ( 8500 4 r )/ 100  = ... total amount is Rs.8500.  Therefore, the amount lent at 5% per annum (part1 amount) = 8500x12/17  = 6000 

A crane is purchased now; its useful life is 8 years after which a new crane must be purchased. If the interest rate is 6%, the capital recovery factor (crf) is (a) 0.3141 (b) 0.5420 (c) 0.1610 (d) 0.1259

Description : A crane is purchased now; its useful life is 8 years after which a new crane must be purchased. If the interest rate is 6%, the capital recovery factor (crf) is (a) 0.3141 (b) 0.5420 (c) 0.1610 (d) 0.1259

Last Answer : (c) 0.1610

Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If Ashwin gained Rs.618/- in the whole transaction, then what sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)

A sum of Rs. 1521 is lent out in two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum? (a) Rs.946 and Rs.565 (b) Rs.986 and Rs.515 (c) Rs.956 and Rs.505 (d) Rs.936 and Rs.585 (e) None of the above

Description : A sum of Rs. 1521 is lent out in two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum? (a) Rs.946 and ... ) Rs.986 and Rs.515 (c) Rs.956 and Rs.505 (d) Rs.936 and Rs.585 (e) None of the above

Last Answer : (d) Rs.936 and Rs.585

Find: (i) 32% of 425 (ii) 1623% of 16 (iii) 6.5% of 400 (iv) 136% of 70 (v) 2.8% of 35 (vi) 0.6% of 45 -Maths

Description : Find: (i) 32% of 425 (ii) 1623% of 16 (iii) 6.5% of 400 (iv) 136% of 70 (v) 2.8% of 35 (vi) 0.6% of 45 -Maths

Last Answer : answer:

The glycogen content of the liver is upto (A) 6% (B) 8% (C) 10% (D) 12%

Description : The glycogen content of the liver is upto (A) 6% (B) 8% (C) 10% (D) 12%

Last Answer : Answer : A

SBI has been named as domestic systemically important banks (D-SIBs) this year. What additional capital it will have to maintain as a percent of loans and investments? A) 0.2% B) 0.4% C) 0.6% D) 0.8% E) None of these

Description : SBI has been named as domestic systemically important banks (D-SIBs) this year. What additional capital it will have to maintain as a percent of loans and investments? A) 0.2% B) 0.4% C) 0.6% D) 0.8% E) None of these

Last Answer : C) 0.6% Explanation: Based on the methodology announced by the central bank, SBI will need to maintain additional capital equivalent to 0.6 per cent of its loans and investments while ICICI will need to maintain 0.2 per cent more.

Why is 6% to 8% copper added to gold in making ornaments?

Description : Why is 6% to 8% copper added to gold in making ornaments?

Last Answer : Pure gold is very soft, it cannot be used to make artistic ornaments. To make it hard, improve the looks and colour, 6 to8% copper is added to ornamental gold.

The protein content in wheat is approximately? A. 8% B. 6% C. 13% (Answer) D. 17%

Description : The protein content in wheat is approximately? A. 8% B. 6% C. 13% (Answer) D. 17%

Last Answer : C. 13% (Answer)

The volume of Blood in a Human body to be approximately ----- of body weight? A. 6% B. 7% (Answer) C. 8% D. 9%

Description : The volume of Blood in a Human body to be approximately ----- of body weight? A. 6% B. 7% (Answer) C. 8% D. 9%

Last Answer : B. 7% (Answer)

Earthquakes and tsunamis constitute disaster percentage = ..? a. 8% b. 4% c. 6% d. 17%

Description : Earthquakes and tsunamis constitute disaster percentage = ..? a. 8% b. 4% c. 6% d. 17%

Last Answer : a. 8%

As per IS : 456, the reinforcement in a column should not be less than (A) 0.5% and not more than 5% of cross-sectional area (B) 0.6% and not more than 6% of cross-sectional area (C) 0.7% and not more than 7% of cross-sectional area (D) 0.8% and not more than 8% of cross-sectional area

Description : As per IS : 456, the reinforcement in a column should not be less than (A) 0.5% and not more than 5% of cross-sectional area (B) 0.6% and not more than 6% of cross-sectional area (C) 0.7% and not more than 7% of cross-sectional area (D) 0.8% and not more than 8% of cross-sectional area

Last Answer : Answer: Option D

Maximum percentage of longitudinal steel in a column should be less than [ A ] 6% [ B ] 8% [ C ] 9% [ D ] 10%

Description : Maximum percentage of longitudinal steel in a column should be less than [ A ] 6% [ B ] 8% [ C ] 9% [ D ] 10%

Last Answer : [ B ] 8%

Number of students in 4th and 5th class is in the ratio 6 : 11. 40% in class 4 are girls and 48% in class 5 are girls. What percentage of students in both the classes are boys? A) 62.5% B) 54.8% C) 52.6% D) 55.8% E) 53.5%

Description : Number of students in 4th and 5th class is in the ratio 6 : 11. 40% in class 4 are girls and 48% in class 5 are girls. What percentage of students in both the classes are boys? A) 62.5% B) 54.8% C) 52.6% D) 55.8% E) 53.5%

Last Answer : Answer: B Total students in both = 6x+11x = 17x Boys in class 4 = (60/100)*6x = 360x/100 Boys in class 5 = (52/100)*11x = 572x/100 So total boys = 360x/100 + 572x/100 = 932x/100 = 9.32x % of boys = [9.32x/17x] * 100=54.8%

What is the percentage error when 3 resistors with ratings 100 Ω at 5%, 150 Ω at 6% and 250 Ω at 8%

Description : What is the percentage error when 3 resistors with ratings 100 Ω at 5%, 150 Ω at 6% and 250 Ω at 8% respectively, are connected in series? A) 6.33% B) 6.80% C) 19% D) None of these

Last Answer : What is the percentage error when 3 resistors with ratings 100 Ω at 5%, 150 Ω at 6% and 250 Ω at 8% respectively, are connected in series? A) 6.33% B) 6.80% C) 19% D) None of these

What is the difference between the total domestic investment and the total foreign investment in the year 2011? a) Rs.6400 Crore b) Rs.6200 Crore c) Rs.6600 Crore d) Rs.7000 Crore e) Rs.7100 Crore

Description : What is the difference between the total domestic investment and the total foreign investment in the year 2011? a) Rs.6400 Crore b) Rs.6200 Crore c) Rs.6600 Crore d) Rs.7000 Crore e) Rs.7100 Crore

Last Answer : c) Rs.6600 Crore

Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)

An amount becomes 160% of itself in 5 years through simple interest. At the same rate of interest, how long will it take for the amount to more than double itself if we use compound interest? a) 7 b) 8 c) 9 d) 10 e) cannot be determined

Description : An amount becomes 160% of itself in 5 years through simple interest. At the same rate of interest, how long will it take for the amount to more than double itself if we use compound interest? a) 7 b) 8 c) 9 d) 10 e) cannot be determined

Last Answer : Answer: a)

Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a total simple interest of 19,550 at the end of 7 years, how much money did he borrow? a) 39,500 b) 42,500 c) 41,900 d) 43,000 e) None of these

Description : Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a ... 7 years, how much money did he borrow? a) 39,500 b) 42,500 c) 41,900 d) 43,000 e) None of these

Last Answer : Let the amount borrowed be Rs P Total amount of simple interest = (P×3×4)/100 + (p×2×8)/100 + (p×2×9)/100 = 19550 0.12P + 0.16P + 0.18P = 19550 0.46p= 19550 P = Rs. 42500 Answer: b)

Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

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Last Answer : Rs.10.70

P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?

Description : P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?

Last Answer : discount offer by by P= 10 % of 56000 = Rs. 5600 total discount offer by Q= 12% of 40,000+8% of 16000 =4800+1280=Rs. 6080 required difference= 6080-5600= Rs.480

Opening WDV of the block of assets was Rs.15 lakh. During the year, asset was acquired under this block on 15th June2017 amounting to Rs. 10 Lakh. Rate of depreciation of the block is 15%. Calculate the amount of depreciation available during the P.Y. a) Rs. 3.5 Lakh b) Rs. 3.75 lakh c) Rs. 3.00 lakh d) Rs.2.25 Lakh

Description : Opening WDV of the block of assets was Rs.15 lakh. During the year, asset was acquired under this block on 15th June2017 amounting to Rs. 10 Lakh. Rate of depreciation of the block is 15%. Calculate the amount of depreciation ... 3.5 Lakh b) Rs. 3.75 lakh c) Rs. 3.00 lakh d) Rs.2.25 Lakh

Last Answer : b) Rs. 3.75 lakh

Gowthaman needs 25% to pass. If he scored 424 marks and falls short by 26 marks, what was the maximum marks he could have got? a) 2725 b) 2650 c) 1800 d) 1750 e) 989

Description : Gowthaman needs 25% to pass. If he scored 424 marks and falls short by 26 marks, what was the maximum marks he could have got? a) 2725 b) 2650 c) 1800 d) 1750 e) 989 

Last Answer : Answer: C  If Gowthaman had scored 26 marks more, he could have scored 25%  Therefore, Mike required 424 + 26 = 450 marks  Let the maximum marks be x.  Then 25 % of x = 450  (25/100) × x = 450  x = (450 × 100)/25 x = 45000/25 x = 1800

P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them with Rs. 35,000. At the end of these 3 years, they earned a profit of Rs. 150,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Description : P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them ... ,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Last Answer : Answer: A) P invested Rs.25,000 for 12 months, Rs.(25000 + 10000) for 12 months, , Rs.(25000 + 10000 + 10000) for 12 months. i.e., P invested Rs.25,000 for 12 months, Rs.35000 for 12 months Rs.45000 for 12 months. Q ... Q's share = Rs.(1,50,000 x 2 /(3+2+1)) = Rs.(1,50,000 x 2/6) = Rs.50,000

Need $200 at 6% interest rate in 1 year. How much do I set aside today ?

Description : Need $200 at 6% interest rate in 1 year. How much do I set aside today ?

Last Answer : Need Answer

Interest rate on 10 year NSC is a) 8.6% b) 8.4% c) 8.5% d) 8.9%

Description : Interest rate on 10 year NSC is  a) 8.6% b) 8.4% c) 8.5% d) 8.9%

Last Answer : d) 8.9%

A bond with the number 12.6S2005, indicates that: a. the interest rate is 12.6%; due in May. b. the interest rate is 12%; due on June 05. c. the interest rate is 12%; due in June 2005. d. the interest rate is 5%; due on December 6. e. the interest rate is 12.6%; due on December 31, 2005.

Description : A bond with the number 12.6S2005, indicates that: a. the interest rate is 12.6%; due in May. b. the interest rate is 12%; due on June 05. c. the interest rate is 12%; due in June 2005. d. the interest rate is 5%; due on December 6. e. the interest rate is 12.6%; due on December 31, 2005.

Last Answer : e. the interest rate is 12.6%; due on December 31, 2005.

If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent (a) Depreciation ; (b) Rate of inflation ; (c) Rate of interest ; (d) Tax burden

Description : If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent (a) Depreciation ; (b) Rate of inflation ; (c) Rate of interest ; (d) Tax burden

Last Answer : (b) Rate of inflation ;

An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa

Description : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa

Last Answer : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` ... `12%`, then find the face value of each share.

A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Description : A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Last Answer : (c) Rs.800

Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

Description : Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

Last Answer : a C.I = 8000 * (1+(10/100))2 –8000  = 8000 *110/100 * 110/100 – 8000 = 9680 – 8000 = Rs.1680 Therefore, S.I = C.I / 2 = 1680 / 2=Rs. 840 840 = sum * 4 * 5 / 100 :. Sum = Rs.(840 * 100)/ (4 *5) = Rs.4200

What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearlyd) None of these

Description : What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearly d) None of these

Last Answer : a) 8.8% per annum compounded yearly