Guidelines

What is the difference between P = (120×100)/6×2 = Rs 1000?

by Author

What is the difference between P = (120×100)/6×2 = Rs 1000?

The difference between the two is c 6P (x + 2)/100 – 6Px/100 = 6P × 2/100. This is equal to Rs 120. So, P = (120×100)/6×2 = Rs 1000. Example 4: An amount of Rs. 8000 is lent out in two parts such that the interest on first part at 15 \% for 4 years is equal to interest on second part at 4 \% for 10 years.

What is the total simple interest that Khan pays?

Then the total simple interest that Khan pays is the sum of the interests. We can write from the formula of the simple interest, [x×6×2]/100 + [x×9×3]/100 + [x×14×4]/100 = Rs. 11400. Therefore we can write, 95x/100 = 11400 or x = Rs. 12000 and hence the correct option is A) Rs. 12000.

READ:   How old should a man be before getting married?

What is the rate of interest on 2379 Q1?

Q 1: Divide Rs. 2379 into 3 parts so that their amounts after 2,3 and 4 years respectively may be equal, the rate of interest is 5\% per annum at simple interest. The first part is:

What is the cost of 5 years of interest?

for 5 years is $ 1,937.50. Paste this link in email, text or social media. Calculate simple interest on the principal only, I = Prt. Simple interest does not include the effect of compounding. Notes: Base formula, written as I = Prt or I = P × r × t where rate r and time t should be in the same time units such as months or years.

https://www.youtube.com/watch?v=4-oYQT6TgNg

How do you calculate interest rate from principal and amount?

Therefore, Interest = Amount – Principal = Rs. 200 – Rs. 100 = Rs. 100. Rate = 20\%. 100 × 100 = 100 × 20 × T → T = 5 years. Sometimes instead of interest, the amount is given, then either you add the above simple interest formula in the principal again and then solve the equation or apply the following straight formula.

READ:   Is it normal to have eye floaters at 15?

How much amount Babu takes a loan at 5\% simple interest?

Babu takes a loan Rs.2000 at 5\% simple interest.He returns Rs.1000 at the end of 1 year.How much amount he should pay to clear the due in 2 years.

What is present worth of the amount?

The above-mentioned principal is also called ‘present worth’ of the amount. Similarly, the simple interest is also called ‘true discount’ on the amount. Example 8: A sum of money amounts to Rs. 9600 in 2 years at 10\% p.a. Find the simple interest. Example 9: A certain sum of money amounts to Rs. 630 in 2 years and to Rs. 675 in 5 years.

https://www.youtube.com/watch?v=n-TfOnBe6lM