Pariksha Corner

Tuesday, March 19, 2024

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 Rs 19,550 at the end of 7 years, how much money did he borrow ?

March 19, 2024 |

BANK PO Exam (Punjab And Sind Bank) 2011, General Aptitude, Simple Interest, Solved

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 Rs 19,550 at the end of 7 years, how much money did he borrow ?

ARs 39,500

BRs 42,500

CRs 41,900

DRs 43,000

upendra May 24 '2020 at 9:8

If the amount borrowed be Rs.x, then

$\Large \frac{x \times 4 \times 3}{100}+\frac{x \times 8 \times 2}{100}+\frac{x \times 9 \times 2}{100}$ = Rs.19550Th

=> $\Large \frac{12x}{100}+\frac{16x}{100}+\frac{18x}{100}$ = 19550

=> 12x+16x+18x

= 1955000

=> 46x = 1955000

=> x = $\Large \frac{19550000}{46}$

= Rs.42500

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Sunday, March 17, 2024

What total amount would Mithilesh get at the end of three years if he invests an amount of Rs 11,200 in a scheme which offers simple interest at the rate of 8.5 p. c. p. a. for three years ?

March 17, 2024 |

BANK PO Exam (Indian Bank) 2011, General Aptitude, Simple Interest, Solved

What total amount would Mithilesh get at the end of three years if he invests an amount of Rs 11,200 in a scheme which offers simple interest at the rate of 8.5 p. c. p. a. for three years ?

ARs 14,056

BRs 14,348

CRs 13,852

DRs 15,064

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The simple interest accrued on a sum of certain principal is Rs 1,200 in four years at the rate of 8 p.c.p.a. What would be the simple interest accrued on thrice of that principal at the rate of 6 p.c.p.a. in 3 years ?

March 17, 2024 |

BANK PO Exam (Oriental Bank of Commerce) 2010, General Aptitude, Simple Interest, Solved

The simple interest accrued on a sum of certain principal is Rs 1,200 in four years at the rate of 8 p.c.p.a. What would be the simple interest accrued on thrice of that principal at the rate of 6 p.c.p.a. in 3 years ?

ARs 2,025

BRs 3,025

CRs 2,250

DRs 2,150

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Arun invested a sum of money at a certain rate of simple interest for a period of four years. Had he invested the same sum for a period of six years the total interest earned by him would have been fifty percent more than the earlier interest amount. What was the rate of interest per cent per annum ?

March 17, 2024 |

BANK PO Exam (Allahabad Bank) 2010, General Aptitude, Simple Interest, Solved

Arun invested a sum of money at a certain rate of simple interest for a period of four years. Had he invested the same sum for a period of six years the total interest earned by him would have been fifty percent more than the earlier interest amount. What was the rate of interest per cent per annum ?

A4

B8

C5

DCannot be determined

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Shamita took a loan at simple interest rate of 6 p.c.p.a in the year and it increased by 1.5 p.c.p.a every year. If she pays Rs. 8,190 as interest at the end of 3 years, what was her loan amount ?

March 17, 2024 |

BANK PO Exam (Indian Bank) 2010, General Aptitude, Simple Interest, Solved

Shamita took a loan at simple interest rate of 6 p.c.p.a in the year and it increased by 1.5 p.c.p.a every year. If she pays Rs. 8,190 as interest at the end of 3 years, what was her loan amount ?

ARs. 36000

BRs. 35400

CRs. 36800

DNone of these

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Friday, March 15, 2024

What amount a man would have received on a principal of Rs. 4,000 after two years at simple interest at the rate of 5 per cent per annum ?

March 15, 2024 |

BANK PO Exam (Corporation Bank) 2009, General Aptitude, Simple Interest, Solved

What amount a man would have received on a principal of Rs. 4,000 after two years at simple interest at the rate of 5 per cent per annum ?

ARS 4,161

B RS 5,200

CRS 4,400

D RS 4,100

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The simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs. 1,875. What would be the simple interest accrued on an amount of Rs. 6,875 at the same rate and same period ? "

March 15, 2024 |

BANK PO Exam (PNB Bank) 2009, General Aptitude, Simple Interest, Solved

The simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs. 1,875. What would be the simple interest accrued on an amount of Rs. 6,875 at the same rate and same period ?

ARs. 4,556.5

BRs. 5,025.25

CRs. 4,895.25

DNone of these

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Thursday, March 14, 2024

Vishwas borrowed a total amount of Rs. 30,000 part of it on simple interest, rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 years he paid in all Rs. 36,480 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a.?

March 14, 2024 |

BANK PO Exam (Indian Overseas Bank) 2008, General Aptitude, Simple Interest, Solved

Vishwas borrowed a total amount of Rs. 30,000 part of it on simple interest, rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 years he paid in all Rs. 36,480 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a.?

A Rs. 16000

B Rs. 18000

CRs. 17500

DRs. 12000

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Wednesday, March 13, 2024

A certain amount earns simple Interest of Rs. 1,750/- after 7 years. Had the interest been 2% more, how much more interest would it have earned ?

March 13, 2024 |

BANK PO Exam (Canara Bank) 2003, General Aptitude, Simple Interest, Solved

A certain amount earns simple Interest of Rs. 1,750/- after 7 years. Had the interest been 2% more, how much more interest would it have earned ?

ARs. 35/-

BRs. 350/-

CRs. 245/-

DCannot be determined

nithin undefined

To find out how much more interest would have been earned if the interest rate were 2% more,
we need to calculate the interest earned at the original rate and the interest earned at the increased rate.
Let's denote: - Original interest rate = \(R\) (in percentage)
- Principal amount = \(P\)
- Time period = \(T\) (in years)
- Original interest earned = \(I_1\)
- Interest earned at the increased rate = \(I_2\)
Given: - \(I_1 = Rs. 1,750\) - \(T = 7\) years We can use the formula for simple interest: \[I = \frac{P \times R \times T}{100}\] For the original interest rate: \[1750 = \frac{P \times R \times 7}{100}\] \[P \times R = \frac{1750 \times 100}{7}\] \[P \times R = 25000\] Now, if the interest rate were increased by 2%, the new rate would be \(R + 2\) (in percentage). For the increased interest rate: \[I_2 = \frac{P \times (R + 2) \times 7}{100}\] The difference in interest would be: \[\text{Difference} = I_2 - I_1\] Let's calculate \(I_2\) and the difference: \[I_2 = \frac{P \times (R + 2) \times 7}{100}\] \[= \frac{P \times (R \times 7 + 2 \times 7)}{100}\] \[= \frac{P \times (25000 + 2 \times 7)}{100}\] \[= \frac{P \times (25000 + 14)}{100}\] \[= \frac{P \times 25014}{100}\] \[= 250.14P\] Now, calculate the difference: \[\text{Difference} = I_2 - I_1\] \[= 250.14P - 1750\] We have the value of \(P\) from the earlier calculation: \[P \times R = 25000\] \[R = \frac{25000}{P}\] Substitute this value of \(R\) into the difference equation: \[\text{Difference} = 250.14P - 1750\] \[= 250.14P - 1750\] \[= 250.14 \times \frac{25000}{R} - 1750\] Now, we need to determine the value of \(R\) (original interest rate). However, it's not given, so we can't determine the exact difference. Therefore, the answer is option D: Cannot be determined.

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Sunday, August 28, 2022

A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs.15 less in the profit. What is the marked price?

August 28, 2022 |

Discount, General Aptitude, INSURANCE EXAMS (NICL) 2013, Solved

A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs.15 less in the profit. What is the marked price?

ARs.697.50

BRs.712.50

CRs.750

DRs.817.50

View Answer