Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?

Related Mcqs:

1. The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

   A. Rs.3502.80 B. Rs.3052.40 C. Rs.3054.8 D. Rs.3052.80 E. None of these...

2. Bilal spends 45% of his monthly income on household items, 25% of his monthly income on buying cloths, 7.5% of his monthly income on medicines and saves the remaining amount which is Rs. 9000. Find his monthly income.

   A. Rs. 40000 B. Rs. 36000 C. Rs. 50000 D. Rs. 45000 E. None of these...

3. Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of the amounts lent at the lower rate and higher rate of interest?

   A. 5 : 1 B. 4 : 1 C. 3 : 2 D. 2 : 1...

4. If Afnan drives at 4/5th of his usual speed to his office, he is 6 minutes late. What is his usual time to reach his office?

   A. 36 B. 24 C. 30 D. 18...

5. 5 % income of a is equal to 15 % income of B and 10 % income of B is equal to 20 % income of C if the income of c is Rs. 200, then total income of A, B and C is :_________?

   A. Rs. 6000 B. Rs. 18000 C. Rs. 20000 D. Rs. 14000...

6. 5 % of the income of A is equal to 15 % of the income of B and 10 % of the income of B is equal to 20 % of the income of c. If the income of C is Rs. 2000. What is the total income of A, B and C?

   A. Rs. 14000 B. Rs 16000 C. Rs. 18000 D. Rs. 12400...

7. 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...

8. A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

   A. Rs.2520 B. Rs.3120 C. Rs.3320 D. Rs.2760 E. None of these...

9. 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...

10. A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

    A. Rs 230 B. Rs 232 C. Rs 600 D. Rs 832...