Question

1
Mope III
7. La mi donates 2500000 to an school for orphans, the interest on which is to be used for
awarding 10 scholarship of equal value every year. If the donator earns an interest of
10% pa, find the value of each scholarship.
& Dolly deposited 15000 in a bank which pays 9% p.a., simple interest. She withdraw
*5000 at the end of first year. What will be her balance after 3 years?
9 Raza borrowed 7000 at 7% interest p.a. from Anil. At the end of 2 years he cleared his
account by paying *7000 and a fan. Find the cost of the fan,
10. Dindaval borrowed 50000 from two friends. For one loan he paid 5% p.a. simple interest
and for the other, he paid 4% p.a. The total interest paid by him in one year was 2270
How much did he borrow at each rate?
11. On his retirement, Mahesh deposited 13000000 in a fixed deposit at 11.4% p.a. If 20% is
deducted as income tax on the interest earned, find his monthly income.
SECTION C. Hors QUESTIONS
12. A person donates 8% of his total savings to the Prime Minister Relief Fund. He divides
the remaining money equally betw is son and deshter. If his total saving is
125000 find the amount donated to d and share en son and doughter.
13. Tapan deposited 20000 in a ban
an interest. He again
deposited 10000 at the end of firs
4 years?
end of 3 years, he
pays 10.29​

Answer 1

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