Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1650/-. Find the sum invested in each.

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2000 click here to view all questions

Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1650/-. Find the sum invested in each.

ARs. 8,500/-

BRs. 15,000/-

CRs. 7,500/-

DRs. 17,000/-

upendra ? undefined

Correct  answer is: Rs. 7,500/-

Explanation:

Let sum be Rs.x
According to the question,
\(\Large \frac{x \times 10 \times 1}{100}+\frac{x \times 12 \times 1}{100} = 1650\)
\(22x = \Large 1650 \times 100\)
\(x = \Large \frac{165 \times 100}{22}\)
\(=Rs.7500\)

View Answer

Discuss

A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ? 15% p.a. 13% p.a. 11% p.a. 21% p.a.

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2000 click here to view all questions

A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ?

A15% p.a.

B13% p.a.

C11% p.a.

DNone of these

No answer description available for this question. Let us discuss.

View Answer

Discuss

Mr. A lends 40% of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest at 18% p.a. rate of interest. What would be the rate of interest if the interest is calculated on the whole sum ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2000 click here to view all questions

Mr. A lends 40% of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest at 18% p.a. rate of interest. What would be the rate of interest if the interest is calculated on the whole sum ?

A13.4% p.a.

B14.33% p.a.

C14.4% p.a.

D13.33% p.a.

No answer description available for this question. Let us discuss.

View Answer

Discuss

A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2000 click here to view all questions

A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

A60%

B$60\frac{2}{3}$%

C66%

D$66\frac{2}{3}$%

Nithin ? undefined

Correct answer is: \(66\frac{2}{3}\)%

Explanation:

Selling price of 1 article = Rs. 45
Let marked price of each article be Rs. x
Then,

\(\eqalign{ & \frac{{90}}{{100}}x = 45 \cr & x = {\text{Rs}}{\text{.}}\left( {\frac{{45 \times 100}}{{90}}} \right) \cr & \,\,\,\,\,\, = {\text{Rs}}{\text{. 50}} \cr & {\text{CP}} = {\text{Rs}}{\text{.}}\left( {\frac{{100}}{{150}} \times 45} \right) \cr & \,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. 30}} \cr}\)

When no discount is given,
Cost price = Rs. 30,
Selling price = Rs. 50
∴ Required profit %

\(\eqalign{ & = \left( {\frac{{20}}{{30}} \times 100} \right)\% \cr & = 66\frac{2}{3}\% \cr}\)

View Answer

Discuss

A sum of money is to be distributed among P, Q and R in the ratio 6 : 19 : 7. If R gives Rs.200 from his share to Q. the ratio of P, Q and R becomes 3 : 10 : 3. what is the total sum?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2000 click here to view all questions

A sum of money is to be distributed among P, Q and R in the ratio 6 : 19 : 7. If R gives Rs.200 from his share to Q. the ratio of P, Q and R becomes 3 : 10 : 3. what is the total sum?

ARs. 6400

BRs.12800

CRs. 3200

DData inadequate

Nithin ? undefined

Correct answer is: Rs. 6400

Explanation:

Let P's share be 6x
Q's share be 19x and
R's share be 7x.
Total sum = 6x + 19x + 7x = 32x
6x : 19x + 200 : 7x - 200
= 3 : 10 : 3
We can write
6x = 7x - 200 => x = 200
Total sum = 32x = Rs.6400

View Answer

Discuss