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प्रश्न
At a certain rate of interest, the interest after 4 years on 5000 rupees principal is 1200 rupees. What would be the interest of 15000 rupees at the same rate of interest for the same period?
उत्तर
Given:
Principal (P) = 5000 rupees,
Time (T) = 4 years
Total interest (I) = 1200
Formula:
Rate of interest (R) = `("I"xx100)/("P"xx"T")`
Solution:
Rate of interest (R) = `(1200xx100)/(5000xx4)`
= 6%
Now, Total interest (I) on 15000 rupees = `("P"xx"R"xx"T")/100`
= `(15000xx6xx4)/100`
= 3600 rupees
Hence, the rate of interest for the same period is 3600 rupees.
संबंधित प्रश्न
Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets Rs. 1200 as interest at the time of maturity, find:
- the monthly instalment.
- the amount of maturity.
A page from the ‘Savings Bank’ account of Priyanka is given below:
Date | Particulars |
Amount (Rs.) |
Amount deposited (Rs.) |
Balance (Rs.) |
03/04/2006 | B/F | 4000.00 | ||
05/04/2006 | By cash | 2000.00 | 6000.00 | |
18/04/2006 | By cheque | 6000.00 | 12000.00 | |
25/05/2006 | By cheque | 5000.00 | 7000.00 | |
30/05/2006 | By cash | 3000.00 | 10000.00 | |
20/07/2006 | By self | 4000.00 | 6000.00 | |
10/09/2006 | By cash | 2000.00 | 8000.00 | |
19/09/2006 | To cheque | 1000.00 | 7000.00 |
If the interest earned by Priyanka for the period ending September 2006 is Rs. 175, the find the rate of interest.
A page from the Savings Bank Account of Mr Prateek is given below:
Date | Particulars | Withdrawal (In Rs.) |
Deposit (In Rs.) |
Balances (In Rs.) |
January 1st, 2006 | B/F | - | - | 1270 |
January 7th, 2006 | By Cheque | - | 2310 | 3580 |
March 9th, 2006 | To Self | 2000 | - | 1580 |
June 26th, 2006 | By Cash | - | 6200 | 7780 |
June 10th 2006 | To Cheque | 4500 | - | 3280 |
July 15th, 2006 | By Clearing | - | 2630 | 5910 |
October 18th, 2006 | To Cheque | 530 | - | 5380 |
October 27th, 2006 | To Self | 2690 | - | 2690 |
November 3rd, 2006 | By Cash | - | 1500 | 4190 |
December 6th, 2006 | To Cheque | 950 | - | 3240 |
December 23rd, 2006 | By Transfer | - | 2920 | 6260 |
If he receives Rs. 198 as interest on 1st January 2007, find the rate of interest paid by the bank.
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1) the total interest earned by Mr Gupta.
2) the rate of interest per annum.
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Make the entries in his passbook
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Fill in the blanks in the table.
Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
8000 | 5% | ...... | 800 | ...... |