A. Rs.18000
B. Rs.17000
C. Rs.18500
D. Rs.17500
E. None of these.
Explanation:
Advertisement
The simple interest for the first year is 10200/2 is Rs.5100 and compound interest for first year also is Rs.5100. The compound interest for second year on Rs.5100 for one year
So rate of the interest = (100 * 1530)/ (5100 * 1) = 30% p.a.
So P = (100 * 10200)/ (30 * 2) = Rs.17000
Related Mcqs:
- A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :
- A. Rs.3100 B. Rs.2700 C. Rs.2200 D. Rs.1800...
- Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?
- A. Rs. 1550 B. Rs. 1650 C. Rs. 1750 D. Rs. 2000...
- 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...
- The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?
- A. Rs.350 B. Rs.375 C. Rs. 380 D. Rs. 400...
- 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...
- A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
- A. Rs.150 B. Rs.140 C. Rs.130 D. Data insufficient for the answer...
- The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?
- A. Rs.600 B. Rs.500 C. Rs.400 D. Rs.300...
- A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?
- A. Rs.7500 B. Rs.7000 C. Rs.8000 D. Rs.6500 E. None of these...
- The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is_________?
- A. 625 B. 630 C. 640 D. 650...
- A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
- A. Rs.500 B. Rs.250 C. Rs.5012.50 D. Rs.5062.50 E. None of these....
Advertisement