Money lent to A+B = (300+ 540) = Rs. 840

Amount received = Rs. 1032

Interest received = Rs. 1032 - Rs.840 = Rs. 192

Interest on Rs. 300 lent to A for 1 year = = Rs. 12

Interest on Rs.540 lent to B for 1 year = = Rs. 36

Total yearly interest = Rs.(12+36)

= Rs.48

If interest is Rs. 48, time = 1 year

if interest is Rs. 192, time =

= 4 years

A) 2.9 years | B) 3.5 years |

C) 4.2 years | D) 4.7 years |

Explanation:

Given that Rs. 1860 will become Rs. 2641.20 at 12%

=> Interest = 2641.20 - 1860 = Rs. 781.20

We know I = PTR/100

=> 781.20 x 100 = 1860 x T x 12

=> T = 78120/1860x12

=> T = 78120/22320

=> T = 3.5 years.

A) 30% | B) 25% |

C) 22% | D) 18% |

A) Rs. 175 | B) Rs. 220.75 |

C) Rs. 126 | D) Can't be determined |

Explanation:

Here given Interest earned = Rs. 2260

Time = 3 years

Rate of interest = ?

Principal Amount = ?

So, it can't be determined.

A) 14.5% | B) 11% |

C) 12% | D) 10.5% |

Explanation:

Let the interest rate be r%

We know that,

S.I = PTR/100

=> (1540 x 5 x r)/100 + (1800 x 4 x r)/100 = 1788

=> r = 178800/14900 = 12%

A) Rs. 6000 | B) Rs. 5550 |

C) Rs. 7500 | D) Rs. 6580 |

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is **Rs. 6000**