Balu borrowed 4000 from Bhabi at 10% p.a simple interest for four years. He then added some more money to the borrowed sum and lent it to Babloo for the same time at 15% p.a simple interest. If Balu gains 1400 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Babloo?
Question
SIMPLE INTEREST :
Balu borrowed 4000 from Bhabi at 10% p.a simple interest for four years. He then added some more money to the borrowed sum and lent it to Babloo for the same time at 15% p.a simple interest. If Balu gains 1400 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Babloo?
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SIMPLE INTEREST :
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SIMPLE INTEREST :
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SIMPLE INTEREST :
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SIMPLE INTEREST :
Arjun invested a sum of money at a certain rate of simple interest for a period of ten years. Had he invested the same sum for a period of fifteen years for the same rate, the total interest earned by him would have increased eighty percent more than the earlier
interest amount. Find the rate of interest p.a.?
SIMPLE INTEREST :
Balu borrowed 4000 from Bhabi at 10% p.a simple interest for four years. He then added some more money to the borrowed sum and lent it to Babloo for the same time at 15% p.a simple interest. If Balu gains 1400 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Babloo?
SIMPLE INTEREST :
A certain sum of money is invested for two years at a certain rate of simple interest. If the rate of interest is 6% higher, then the interest earned will be 40% more than the interest earned earlier. What is the earlier rate of interest?
Aptitude