1-. On what sum of money lent out at 9% per annum simple interest for 6 years does the simple interest amount to 810 .
2 -. At what rate of interest per annum will a sum double itself in 8 years .
3-. In how many years will rupee 870 amount to rupee 1044 the rate of interest being 5% .
4-. A and B together can do a job in 12 days. B alone can finish it in 28 days . In how many days can A alone finish the work.
5-. Radha can do a job in 20 days . How much work will be finished in 12 days.
Answers
Answers:
1 - Let the sum be P.
Amount = Rs.810
Simple Interest = Rs.810
Rate = 9% per annum
Time = 6 years
S.I = P × R × T/100
810 = P × 9 × 6/100
81000 = 54P
P = 1500
Hence, the sum is Rs.1500
2 - Let the sum be P.
Amount = 2P
Simple Interest = P
Time = 8 years
S.I = P × R × T/100
P = P × R × 8/100
R = (100/8)% = 12.5% per annum
3 - Principal = Rs.870
Amount = Rs.1044
Hence, S.I = Rs.(1044 - 870) = Rs.174
Rate = 5% per annum
Let the time period be T.
S.I = P × R × T/100
174 = 870 × 5 × T/100
T = 4 years
4 - A and B can do a work in 12 days. In 1 day A and B can do 1/12th work. B alone can do it in 28 days. In 1 day B can do 1/28th work. Hence, A's 1 day work = 1/12 - 1/28 = 1/21. Therefore, A alone can finish the work in 21 days.
5 - Radha can do a job in 20 days. In 1 day she can do 1/20th work. Hence, work done in 12 days = 1/20 × 12 = 3/5
Simple interest and quantitative aptitude.
Explanation:
Question 1:
Given: Rate, R = 9%, Simple interest, SI = Rs. 810, Time, T = 6 years, Principal, P = ?.
Simple interest, SI =
P =
P = Rs. 1500.
_______________________________________________________
Question 2:
Given: Simple Interest, SI = P, Rate = ?, Principal = P, T = 8 years.
Simple interest, SI =
R =
R = 12.5%
The rate of interest per annum will a sum double itself in 8 years is 12.5%.
Question 3:
Given: Principal = Rs. 870, Amount = Rs. 1044, rate = 5%, Time = ?
We know that SI = A - P ⇒ 1044 - 870
SI = Rs. 174.
Simple interest, SI =
174 =
T = 5 years.
Question 4:
Given: A + B can do a job = days
B alone can finish the job = days.
A alone finish the work = ?
Work done by A alone =
=
=
=
Therefore, A alone can finish the work in 21 days.
To know more:
In how many years will Rs 870 amount to Rs 1044 the rate of interest being 2 1/2 % p.a. ?
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