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10 Cards in this Set

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Principal = P


Amount = A


Time = T


Rate = R


Simple Interest = S.I

A = P + S.I


S.I = R * T

P=400₹, rate=8%, time=4years ,amount=?

1yr=8%


4yr=32%


S.i= 400x(32/100)


= 128

P=8000


S.i=1280


T=4yrs


Rate=?

4yrs=1280


1yrs=320


(320/8000)×100= 4%

Amount=650₹,R=10%,T=3yr,P=?

P=100%


1yr=10%


3yr=30%


A=(100+30)%


130%=650₹


100%=500₹


P= 500

An amount of 45000₹ becomes 77400₹ on simple interest in eight years. What is the rate of interest per annum ?

P=45000


A=77400


S.i 8yrs=32400


S.i 1yrs=4050


(4050/45000)×100= 9%


The sum of money that will give 1₹ as interest per day at the rate of 5% per annum simple interest is ?

Interest of a day = 1₹


Interest of one year = 365₹


5%=365₹


10%=730₹


100%(P)= 7300₹


At some rate of si, a lent 6000₹ to 'b' and 1500 to 'c' for 4 years and received ₹ 2100 as interest from both of them together. The rate of si pa was?

4 yrs= 2100₹


1yrs= 525₹


6000+1500=7500₹


Rate=(525/7500)×100= 7%

'A' lends ₹2500 to 'B' and certain money to 'C' at the same time for 7% annual si. If after 4 years he receives 1120₹ as total as si. The sum lent to 'c' was?

4yrs= 1120


1yrs= 280


7%=280


1%=40₹


100%=4000₹


B=2500₹


C= 1500₹

The SI on 36000₹ for the period from 5th jan to 31st may 2013 at 9.5% pa is

6th jan - 31st jan= 26days


Feb=28days(non leap)


March=31days


April=30days


May=31days


Total=146 days


365days= 1yr


146days= 2/5yrs


36000×(9.5/100)×(2/5)=


(36000/100)×(19/2)×(2/5) = 1368₹

500₹ was invested at 12% pa si and a certain sum of money invested at 10% p.a SI. If si on both after 4 years is 480₹. The latter sum of money is

1st


1yr = 12%


4yr= 48%


500×(48/100)=240₹


2nd


480-240=240₹


4yr=240₹


1yr=60₹


10%=60₹


100%(p)= 600₹