A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
Explanation:
Let P = Rs. 100. Then, S.I. Rs. 60 and T = 6 years.
R = (100 * 60)/(100 * 6) = 10% p.a.
Now, P = Rs. 12000, T = 3 years and R = 10% p.a.
C.I. = [12000 * {(1 + 10/100)3 – 1}]
= 12000 * 331/1000 = Rs. 3972
Related Mcqs:
- A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?
A. 2:3:5
B. 3:4:7
C. 4:5:9
D. None of these - A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?
A. 2 : 3 : 4
B. 3 : 2 : 4
C. 3: 2 : 1
D. 3: 4 : 7 - A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
E. None of these - Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?
A. 7:6:10
B. 12:15:16
C. 42:45:56
D. Cannot be determined
E. None of these - An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?
A. 7401.22
B. 3456
C. 4567
D. 7890 - The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.
A. Rs.18,828.80
B. Rs.19,828.80
C. Rs.18,028.80
D. Rs.17,828.80
E. None of these - Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?
A. 8% p.a.
B. 6% p.a.
C. 4% p.a.
D. 5% p.a.
E. None of these - Mr. Tassawar Javed invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500 - What is the ratio of Faheem’s salary to Imran’s salary to Naveed’s salary if Faheem makes 80,000 rupees ,Imran 70,000 rupees and Naveed makes 50,000 rupees ?
A. 80:70:60
B. 8:7:5
C. 4:7:5
D. 7:8:5Submitted by: Faheem Zaman Dhaunroo
- A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:
A. Rs. 10,500, Rs. 13,500, Rs. 16,500
B. Rs. 11,500, Rs. 13,000, Rs. 16,000
C. Rs. 11,000, Rs. 14,000, Rs. 15,500
D. Rs. 11,500, Rs. 12,500, Rs. 16,500