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How Much Should An Individual Deposit Now To Yield Rs. 600,000 at The End of Five Years at 10% Simple

1. The number of years for the total interest on loans of Rs. 500 at 3% and Rs. 600 at 4.5% to equal Rs. 126 is 10 years. 2. A lent Rs. 2500 to B and an unknown sum to C at 7% interest. If the total interest received after 4 years was Rs. 1120, then the amount lent to C was Rs. 1500. 3. It will take 3 years for the interest on a loan of Rs. 20,000 at 12% per annum to equal Rs. 3600.

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Asad Ali
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68 views1 page

How Much Should An Individual Deposit Now To Yield Rs. 600,000 at The End of Five Years at 10% Simple

1. The number of years for the total interest on loans of Rs. 500 at 3% and Rs. 600 at 4.5% to equal Rs. 126 is 10 years. 2. A lent Rs. 2500 to B and an unknown sum to C at 7% interest. If the total interest received after 4 years was Rs. 1120, then the amount lent to C was Rs. 1500. 3. It will take 3 years for the interest on a loan of Rs. 20,000 at 12% per annum to equal Rs. 3600.

Uploaded by

Asad Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1. A person borrowed Rs. 500 @ 3% per annum S.I and 600 @ 4.

5% per annum on the arrangement that the


whole sum will be returned only when the total interest becomes Rs. 126. The number of years, after
which the borrowed sum is to be returned is:

2. A lend Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. Simple interest. If after 4 years. A
altogether receives Rs. 1120 as interest from B and C, then the sum lent to c is.

3. A person borrowed Rs. 20,000 from a bank at a simple interest rate of 12 percent per annum. In how
many years will he owe interest of Rs.3600?

4. A lend Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. Simple interest. If after 4 years. A
altogether receives Rs. 1120 as interest from B and C, then the sum lent to c is.
A. 1500 B. 2000 C. 1571 D. 1489

5. Future value of Rs. 1,355/- invested@8% P.a for 5 year is:

6. Mr. Ahmed secures (borrow) a loan of Rs. 1500 from a bank for four months at 9%. How much amount he
will have to repay after the expiry of the term?

7. A sum of money would double itself in 10 years. The number of years it would be four times is

8. How long will it take for a sum of money to double itself at 10% simple interest?

9. How much should an individual deposit now to yield Rs. 600,000 at the end of five years at 10% simple
interest.

10. The present value of Rs. 1400 at 8 percent simple interest for 5 years is:

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