Hire us
Support us
(New)
All problem can be solved using search box
I want to sell my website www.AtoZmath.com with complete code
Home
College Algebra
Games
Feedback
Support us
About us
Algebra
Matrix Algebra
Numerical Methods
Statistical Methods
Operation Research
Word Problems
Calculus
Geometry
Pre-Algebra
Translate this page
What's new
1.
All problem solution using search box on 05.10.18
2.
Share solution on facebook, twitter with your friends on 17.08.18
3.
Matrix Structure
on 24.07.18
4.
Algorithm, Formulas, Examples added at respective pages on 20.07.18
Topics
Home
Algebra
Matrix Algebra
Numerical Methods
Statistical Methods
Operation Research
Word Problems
Calculus
Geometry
Pre-Algebra
College Algebra
Games
Test
Method and examples
Simple Interest
1. Find the simple interest on Rs 730 for 184 days at 25/4 % per annum.
2. Find the simple interest on Rs 4660 for 5 years at 7/2 % per annum.
3. The interest on a certain amount of money at 8 % per year for a period of 4 years is Rs 512 . Find the sum of money.
4. Simple Interest on Rs 972 at 14 % per annum for a certain time is Rs 476.28 . Find the time ?
5. Simple Interest on Rs 972 at a certain rate % per annum for 3.5 years is Rs 476.28 . Find the rate ?
6. A sum of money lent at simple interest amounts to Rs 1008 in 2 years and to 1112 in 3 years.Find the sum & the rate of intere ...
7. What sum of money lent out at simple interest at 9 % p.a. for 3/2 years will produce the same interest as Rs 2250 lent at 6 % ...
8. A man puts out Rs 500 for 4 years on simple interest and Rs 600 for 3 years. The total interest he receives is Rs 190 . What ...
9. A sum was put at simple interest at a certain rate for 2 years. Had it been put at 3 % higher rate, it whould have fetched Rs ...
10. Divide Rs 16875 into two parts such that the interest at 7/2 % p.a. for 2 years on one part is equal to the other at 4 % p.a. ...
11. A shopkeeper borrowed Rs 20000 from two money lendeRs For one loan he paid 12 % and for the other 14 % per annum. After 1 yea ...
12. At what rate percent per annum will sum of money double in 8 years?
13. Rajeev deposited money in the post office which is doubled in 20 years at a simple rate of interest. In how many years will t ...
Problem 11 of 13
11. A shopkeeper borrowed Rs
from two money lendeRs For one loan he paid
% and for the other
% per annum. After
year, he paid Rs
as interest. How much did he borrow at each rate ?
Solution
Example
Solution
Solution provided by AtoZmath.com
Want to know about
AtoZmath.com and me
This is demo example. Please click on Find button and solution will be displayed in Solution tab (step by step)
Simple Interest
11. A shopkeeper borrowed Rs 20000 from two money lendeRs For one loan he paid 12 % and for the other 14 % per annum. After 1 year, he paid Rs 2560 as interest. How much did he borrow at each rate ?
Let money at `12 % = X` and that at `14 % = ( 20000 - X )`
After one year total interest = `2560`
`(X * 12 * 1) / 100 + ((20000 - X) * 14 * 1) / 100 = 2560`
`12 X + 14 * 20000 - 14 X = 2560 * 100`
`-2 X = -24000`
`X = 12000`
`:.`Money at `12` % = Rs `12000` and Money at `14` % = Rs `8000` .
Share with your friends
Home
College Algebra
Games
Feedback
Support us
About us
Copyright © 2018. All rights reserved.
Terms
,
Privacy
Review Consent