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Answer Key

The document contains various calculations and examples related to simple interest and compound interest. It includes formulas, methods for calculating interest, and examples of financial scenarios involving principal amounts, interest rates, and time periods. The calculations demonstrate the differences between simple and compound interest over different terms and rates.

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0% found this document useful (0 votes)
398 views13 pages

Answer Key

The document contains various calculations and examples related to simple interest and compound interest. It includes formulas, methods for calculating interest, and examples of financial scenarios involving principal amounts, interest rates, and time periods. The calculations demonstrate the differences between simple and compound interest over different terms and rates.

Uploaded by

ravankumar82
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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p nations

T
R 676
a=P) 1+
100
-1
- 53000
×625
1|
8 53000 x 51
14144= =P||1+ 100 625
=74324.8

1414.4 =p x 0.1664 SIPrincipal xTimex Rate


4.4, (c)
1414.4 100
P=
0.1664
=*85000
30000 ×3x5
Amount = ? (8500 + 1414.4) 100
=4500
=79914.4 00601 Let x % of 22500 = 4500
Principal xTimex Rate01
(c) SI=.
100 22500 xx
= 4500
100
10000×2x3
=F600
Rsalqioig
100 4500 x 100
=20
. Khanna's monthly salary 22500
600x100
3
=20000

R )T.
100 3041.28 =

’ 3041.28 =

3041.28=
-
244 Simple Interest and
Compound Interst
216
3041.28 (a) Amount
625

304128x628
216
&SO)
o, I5800 +7716.72 =1580%0
Alternate Method:
Sucvessive inerease of l6% is happening twice

100 23516.72
34.56%-Interest obtain - 3041.28 15800
3041.28
1%
34.56 4884=1+ 100
3041.28 Taking square root of both the sides.
100%-Amount = 34.56 x 100% 8800
1.22 1+ r
6. () Interest 162%ofthe principal 100
Interest 162 ’ 122 100 +r
or, r= 22%
Principal 100
9. (e) The diference between CI and SI in three
Interest x100 162 100 years
Rate Principalx Time 100 9 Sum xr-(300+r)
-18% per annum 100
or. 381.888 x 100 sum + r (300 + r)
7. 381888x1000 381888 x1000
.:. Sum= 144(300+12)
2 144x312 =8500
R
’16250 + 5616 =16250 Pxrxt 18440 x 1Sx4
10. (e) SI=
100 -=11064
100
100
21866 11, (d) Quicker Method : Difference between CI and SI in
16250 -(" three years
841 Sum x r(300 + r) 16200 x25 (300 +25)
625 100
100lsoti 10
16200 x 625(325)
--(+ R 29
1000000
12. (e) Simple interest
=3290.625

lt _principle xtime xrate 16500x 4x16


100 2s =10560
100 100
R 29 4
-l=
100 25 25 13. (a) S.I, = principal xtimexrate
4
100
’R= 25
X 100 =16% Per annum 12000 x3 x12
Alternate Method: =4320
100
5616 time
=34.56% rate
16250 CI. =P|1+: 100/
In two years, at the rate of 16% p.a.
we get interest of 34.56%
Rate = 16%
I n t e r e s t
and Compound Interest 245
3 CI=Total amount- sum
S l i m p l e

21952
-8112-7500=612
L1s625
18. (c) P+ PXrxt -=5428
= 7 4 8 5 9 . 1 3 6

100
difference = 4859. 136 - 4320
Required
=539.136 4600x3xt
=5428-4600=828
100
rein
in Equity Funds
vestedd
828× 100
Amount
’t= =6 years
l in debt + Equity Funds 4600x3
(a)
14
= 9 4 5 0 0

r e i n v e s t e d

Amount

= 94500x 13-z175500
7 19. (b) Required difference =
tinvested
earlier in Debt + Equity Funds
2
Amount.
6
175500 -135000
= 7300 x =26.28
1.3
100
funds
invested in equity Prt
amount
Original
-x135000=75000
20. (e) Using SI = 100
9
interest
Px7x4
simple 3584 =
Rate of 100
16 b) Interestx 100
’P=7 12800
Principal x time Now, amount got by CI
10800x 100 12%
22500x4
Compound interest
2
time 4
rate
- 12800( 1+7100/
-Principal|1* 100

= 12800 x1.04x 1.04


=713844.48
13844.48 12800 =
1044.48
Hence, C[=A-P= where
of interest,
21. (b) Let R,and R, be the two diferent rate
R > R,
2200 x R x4 2200x R x4 202.40

100 100
2200x 4
[R,- R] = 202.40
100

1595724
-22500%5 202.40x100 50.6
R- 7= 2200x 4 22
R-R=2,3%
l6. (d) We know compound interest =
SIx100
22. (a) Rate =
Principalx Time
5940x10012% per annun
6500 x3
= 7640 [529 7640 x 129
=72463.9
400 400

17. (b) Total


amount =
75001
= 7500
=78112
246 Simple Interest aand
- 16500 [(112)-1] Alternate solution: Compound
= 16500 x0.404928 =6681.31
Total percentage incrcase is 9
rteren
23. (a) Letthe principal be x, then 1n a year.
Percentage increase in both 4
the
-X=
650052 = 9% (13l and IInd
scheme) + 2%%schemes
100 (second
r 2323.
650052 9%+%of
4 100000 scheme
20 20 20 100 = 9% (100000) + 2%
650052 x 8000 (second scheme)
’12167x-8000x= 3
100 O/% of 10000
650052 x 8000
4 =2% (second schemel
= 156x80 =12480
100x 4167 3
’ Second scheme %of 100000 =
SIx100 6500x 100 375O0
24. (a) P=
8x13
=6250 Amount invested = (62500, 37500)
RxT
27. (d) Let the parts be x, y and [2600 -(x +yl T
Ci-6250(1+ 100/ 6250 =R 1040
xx4x1 yx6x1_[2600-(x +y)]x8x|
25. (a) Let the population of males=x; then the population of 100 100 100
females =9000-r
Now, 5% ofx + 8% of (9000 x) 42
= (9600 -9000 ) =600 x 6 3 ory=x.
3
or 0.05 x + 720-0.08x=600
5

or,
720-600 =0.08x 0.05x
120=0.03x
So. Xx4x1 2600x
X=4000 100 100
Regd ratio of population of males and females
’ 4x= (7800- 5x) x8 ’ 52x = (7800x8)
4000 4000 3
=4:5
90004000 5000
7800×8
Alternate solution: ’X=| =1200.
52
Total percentage increase in population is:
Money invested at 4% =1200.
5% (male+ female) +3% female
5% (9000) +3% female = 600 28. (b) Let the sum of money be x.
’ 450+3% female =600
1% female = 50 Now,
100% female = 5000
100% male = 4000
Ratio =4:5 or, -(2) or 1+-2
100
26. (b) Let the sum invested at 9% bex and that invested at
Again, let the sum becomes 16 times inn years. Then,
11% be (100000 - x).
Then,
(100000-x) x11x1
100 16=2D or 2 = 2 or n=4

39 1) 29. (c) Let Principal = P
100224 100 3
-P=993 ( " , " " ] p - 9 8
9x +1100000-1lx 39000 10 10 10
=9750
100 4 993 x 1000-3000
(1331-1000 P=993 or, P=
2x= (1100000-975000) =125000 ’x=62500. 331
1000
Sum invested at 9%=62500.
(3000 x 3 >x 10) =900

Sum invested at 11% =<(100000-62500) =37500.


.:. Simple interest = 100
Interest 247
Compound
tand
100x 160
I n t e r e s t

S l i m p l e

9261 :. Principal = 10%1


1600.
3
Population 3 yTs. ago Amount for 2 ycars compounded half yearly
(d) 4
30
-e 160-(1)-194431.
20x20x20 344.81.
.C,I, =(1944.81 - 1600) =
-=8000
9261x
21x21x21

amount (1600 x10x2)


31.
tthe principal
Let x be
(dd) w be the time to double
the money. x D i n
S.I, = 100
-* 320.
also be
interest will (344.81 - 320) =24.81.
Then .. (C.I.) -(S.I.) =
xx25 xy principal be ? P and rate
of interest be R% per
36. (d) Let the
4x100 annum.
years
400 = 25y Dífferecneof C.I. and S.I. for 3
y = 16 years rate PR(300 +R
discount final
successive
a (d) 1 104 100
xy
= - X 4 +

100 R
40×30
=-70 +12 =-58% Difference of C.I. and S.I.
for 2 years = P 100
= -40-30+

100
final rate
successive discount
2nd
95x 20 PR(300 + R
300+R 25
= -45- 20+
100 25
100 104 8
=-65+9=-56%
P R 2 R 100
be MP
Let marked price 104
58 --MP x 56 =12
then MP x
100 100 ’R=00
=12%.
MP × 2
=12 sum=Aand interest rate= r%
100 37. (d) Let
MP =600
A+
AxrX5852
33. (d) Final rate of interest for two
pens 1000
xy = 10+10+ 10x10 21% =5852 ... ()
=xtyt 100
100
Axrx7
Let principal be P. A+ = 7788
121 100
’Px- =12100
100
100000i
...(1)
P= 100 x 100 =
34. (d) Let the original rate be R%. Then, new rate = (2R)%. From equations (i) and (ii), r= 11%E
Interest x 100
(725xRx1 (362.50× 2R x1) =33.50 o 38. (b) Rate of simple interest Principal x time
100 100×3
0sEoo 10800x100
»(2175+ 725)R = 33.50x100x3= 10050 = 12%
22500x 4
time
10050 rate
’R=
2900
=3.46% Compound interest =Principal | 1+:100
3). (a) For first year, S.I. = C.I.ot
Now, ? 10 is S.I. on? 100.
:. 16 is S.I. on 100
x16=*160.
So, S.I. on principal for l year at 10% is 160
248 Simple Interest
and
2g)2
100
xx4
(45000-*)6 Compound
100
’ 2x= 45000 x 3-3x
= 22500x
159
=R5724 ’x=
45000 x3
625 =27000
Another part is 18000.
Let r= Average rate
of interest
Interest for Ist part in one
year =
Similarly, interest for : rest part
27000x4
100
Total interest =2160 in one
s94.5 = 5800 year =\080
45000 xr
100 =2160
594.5
5800 216
’r= = 4.8%
45
6394.5 2
5800 47. (b) Given R=10%, P=400 and
T= 3

1.05-(1+ Compounding is half-yearly, then,


3
I
T=x2=3 years
’ 1.05 -l= ’r=0.05 =5% 10
100 P= =5%
2
Principal x Timex Rate
40. (b) S.I.= 100 Amount, 4=P|1+:200R
4500x 2>x12 5600x 2 x9 3
Difference
100
= 1080 - 1008 =72
100 4-40[1+S
100
41. (d) 21,2121
= 400 x
42. (d) 50years 20 20 20 =7463.0s
We have, A,=*400, A,=7200, R, =10%, R, =4% 48. (a) Difference in rate of interest at 49%
Time (T) =[A, -A,] x 100 +A,R-A,R 16+16+16,+ 4x4x4
= [400 - 200] x 100 + [200 x 10 400 x 4] 100 d00x
= 20000/400 = 50 years.
48 64
43. (c) For three years =0.48+0.0064 =0,4864%
100 (100)2
Sum =Diference x (100)
r(300 + r)=48 x (100) Difference in amount =
5000x0.4864
=24.32,
20 (300 + 20) =375 100x 10000
49. (d) Let the person invest x and y at two different rates
44. (c) P=12000, T,=10 years, T,-3 years, R,=10%, R,=? 12% and 14% respectively.
[(12000 x10 x5)/100 -(12000 xR, x3)100] =3320 Px RxT)
xx12x1, yx10x1 =130
83 100 100 100
’ 50- 3R, = 3
’ 12x+ 10y = 13000 ...)

67 After inter changing invested amount.


yx12x1, xx10x1 =134
45. (a) Total amount = 500 x (1+10/100)3 + 500 %(1+10/ 100 100
100)2 + 500 x (1+10/100) = 1820.5 ’ 12y + 10x = 13400
. 1)
46. (b) Let a person invest 4% ofx. On solving equations (i) and (ii), we get
According to question x=500 and y = 700
Interest 249
Compound
Interest
and
10
Simple

SLx100

Principal x Time 21
’401/100 -(520
50. (a) Rate

19
7200x100
=12% per annum
21
20000x3
-(5200-y 100
200% =S2021 5-5121
105%
200% = 546000-
305%= 546000
3 x=1790
ScheneA= 520-1790 =3410
R=13%, T=42 nonths
56. (a)
For halfyear
[(1.12)- 1]
- 20000 ( 1 . 4 0 4 9 2 8 - 1) 13 2=7 half-years
= 20000 >x
=78098.56
Interest
RI12
Required
Compound
20000x 7x 6.5 =9100
1. (e) SI=
100
= 35000 x A=P+SI= 20000+ 910029100

108x 108-10000
3years 9years =(3)´years
=35000 x 10000
35000x 1664 57. (d) 7200 ?
=5824 6000
10000

and interest= R% 7200


If theprincipal = P
$2. (c) Then, required ratio times
In 3 years, amount becomes G000
PxRx12
12 2
100
PxRx18

100
1 8 2 : 3

-9) tímes

. in9 years 7200 will become


PP
diference in CI and SI = 6 6
53. (e) For 2 years, 100 7200 X time = 10368

is
Pr(r+300) 58. (a) Principal = x, X, and x,
For 3 years difference 100
x x4x 10 =x, x 8 x 15 =x x 12 x 20
PP
16
X:=3:1;x:x =2:1
100
Prr(r+ 300) 49 X iX=6:2:1
100 59. (c) Let share ofP =I,
100 16
.. share ofQ = 3903 -x
So
r+300 49 . according to question
Solve, r = - (3103 - x)
r
4 (6) 210=Px u00 x3 04 )2
3903 - x

now, SI =4xpx3
S(= 4x210 = 840. So total SI for 6 years 3903 - x
55. (c) =840 + 210 =1050. ’ = ? 2028
Amountt invested in Scheme B=x
Amount invested in SchemeA=5200-x 7000 xrx8
4 60. (d) SI for ? 7000 for 8 years =
21 100
XX10x
100 -(5200 x)x 100 Again borrowed = 3000
Simple Interest aand
250
Compound
SI=
3000 x r x5 ’ P
1760 x 100
32 x5
Interest
100
’ P= 1100
7000 xr x83000 xrx5
= 4615 Total investment
Total interest =
100 100 =4000+ 1100 =s100
560r + 150r = 4615 67. (b) Let Ramesh had sum of P
710r = 4615
r=6.5% Then, P2x6,1 10 )2
61. (c) Px2x10)
-248.10 48P
100
100 3 \100TP=S610
Pz 16000
62. (c) Amount after 2..5 yrs=3525, after 2 yrs =3420 48P 121P -100P
So SI for half yr =3525-3420 = 105,
So for 1 yr SI= 105 x 2 =210
100 300 -=5610o000
P+2x SI =3420 144P +21P
So P=3420 -2 x 210= 3000 300
-=5610
2 165P
So, 3000 ×rx = 420 -=5610
100 300

o2years ’ P= 5610 × 3000eL


l year
63. (a) 165 0001 000885
’ P= 34 x 300
P
35280 37044 ’ P= 10, 200
68. (c) Interest for 2
In 1year amount
increases by 37044
yrs = 10+ 10+
35280
times Interest for 3 yrs (10x10)/100=219%
=21+10+ (21x10)/100 =33.19%
Now, (33.1-21)% of
P=35280 x 35280 35280
Or, 12. 1% of P=24200P= 24200
37044 37044 32000
64. (d) According to question, 4% rate in 4 or,
adds 16% to the years 69. (e) LetP= (24200x100)/12.1
the sum invested at =21lakh
:. 116% of priniple Total sum =5500 6% bex
principle = 2900 The interest of one
’100% of principle = the interest of part at 6% for 4 years
now, (S) new = 2500 2500 another at 10% for 2 years.
is equal to

.:. 2500= 2500 x 4×T Simple interest PxRx T


100 [Where, P= Principal
’T=25 years.
100 amount,T= duration in years,
annually] R=Interest percentag?
ATQ,
65. (e) A=9400| 1+20 2
Xx 4 x 6%= (5500 - x)
×
100 6x/25 = (5500 x) x2x 10%
6x=(5500 x)
1/5o
= 27500 - × 25 x (1/5)
=9400 y 36 6x
25 5x
= 13536 11x =27500
66. (b) X=2500
According to question, 70. (b) Let theThe sum invested at 6% interest =2500.
Compound interest earned in 2 principal amount be ? x
years Calculating SI:
SI for 1 year at 12%
For 3 years it will berate is (12/100) x X.
1760 Calculating C1: (36/100) x x ---()
Let amount For 1 st year, Interest
invested in another =
For 2 nd year, interest =(12/100) XX
scheme is P. (12/100) ×+ (144/10000)
’ 1760 = 500% of Px8x4 x+(2 Xxx
100 For 3rd year, interest =(12/100) xx+(12/100) xx+
(12/100) ×x+ (144/10000) Xx+ (144/10000)
(1728/1000000) × X. --
Subtracting equation 2and 1 and solving further,
254
Interest
Compound

Interestand 2R x 15000 2100


x / 1 0 0 0 0 0 0 = 112.32 77. (c) 100
S I m p l o

144 X R= 7%
x=2500, Now for x= 1
4800
× 100
-= 8000 R,= 8% for CI
64
Sum
3x 20
20% per
annum

Equívalent CI at rate of 8% for


2yrs = 8+8+ 109
years at
Cin2 20x20 = 44%
= 16.64%
20 + 16.64
+ 100
x 17100) =1664 171
= 20 for 2 yr =
CIat 8% 100
171 = 2845.44
ATQ
44 Approximately =
16.64 x
x = 4 4 0 0

(800+x) For 9%
10000

8000 + x= 18.81 17100 = 20.13


× 171
x = 200O CI = 100 x
bep
3216.
sum 171 =
Letthe Px2x8 = 2 2 5 Approx. = 20 x
2le) 21 3591
100
For 10% = -x 17100 =
3.
i.e, 1, 2 and
100
| 16P -= 225 values of x
are possible
So, 3 question,
According to
100
78. (a)
225x 100
P=.
5
Px15x3_4320
interest be
'r% per 100
’ P = 4 5 0 0

?'p'and rate
of 4320 x 100
be
2) Let that sum .. P=
45
annum

Amount = ? 1 . 6 p
P=79600

SI = 0.6p Required amount

ATQ,
-960+400)|
0 6 p = P *

100
r x s

-c«o0 40)(1
r = 12%
be x = 18515- 14000
the amount 10x10
4. (d) Let = 21%.
10+ =74515
in 2years = 10 + 100

CI at 10%
Xx15x3,
1.35Xx20x4
=1799892
79. (a) 100
ATQ, 100

Xx21-=1050 x=5000 45X 108X =1799892

100 100 100


And, 153X
5000 x 8xt-= 2000 ’t=5 years. 1799892
100
100 X = 1176400
|176400
3.16 x
15. (c) Let sum be P Requíred value=
.. =3717424

= 122 boavso
invested 251
80. (a) Let man years amount invested
And, after two
3A
Ot P(21-20) = 122
P=?12,200
= (A +
A
2
p.a.
100 two year at 10%
compounded
p.a Equivalent CI of
76. (b) 0verall rate for 2 years at 20%
20x 20
= 44% 10x10 = 21%
+
20+ 100 = 10 + 10
yearly is equivalent to 20 + 2

ATQ, ATQ, 10 = 1371.6


21A
44% of sum = 3432 21
100
100% of sum = 7800 A x 100
+(A t 100
7800 x15 x3 =3510
Simple interest earned = 100
252
Simple Interest aand
0.210A + 0.171A = 1371.6
0.381A = 1371.6
84. (e) Let the sum be 100x Compound Interest
A = 3600
CI in first year = ? 20x
CI in two years =
15x3 44% of 100x = 44y
Required amount =3600 + 3600 x =7 5220 CI in 2nd year
100
ATQ
=44x-20x=24x
81. (d) x1420
100 = (r+528) 24x - 20x =836
X=209
36x Required sum = 20,900
25
= (x+ 528) 85. (d) Gita
Rupali
36x-25x = 13200 18000 x 10 24000 x9
llx = 13200 10
12
X=1200
6
Amount invested by Prem =3 x 1200=3600
Amount invested by Arun =2x 1200 =2400 .:. Rupali's share = 20000 × 6
10909
20 2 86. (a) By going with the options
2400x| 1+
100
Required ratio =
3600x 25 x3 Interest received at SI = 6000x3x15
100 100 =2700
:x+5= 20%
240036 -2400 Interest received after 2 years at CI
25 1056 88
36x25 x3 2700 225 6000 × 44
82. (a) SI= PNR/100 = 2640
100
30000 = px6x10 . Difference = 2700-2640 =60
100
x= 15%
(30000 x100) 87. (c) Compound interest = 2648
p=
60 -50000
Compound Interest:
8 8000 x = 8000+ 2648 = 10648
50000 x 4000
M00/
8 10648 1331
54000 x = 4320 8000 1000
100
C[= 4000 + 4320=78320
83. (d) Interest earned from scheme P = 3000×Rx4
=120R r 1
Sor o 100
100 10
Interest earned from scheme Q= (3000-x)x2Rx4 r=10%
100
2R(3000-x) Simple interest = Pxnxr 8000 x 10x 10
=8000
25 100 100
According to question, 88. (a) 12100
10000 100
120R =
3 2R(3000-x)
4 25
80 x 25 =3000 --x
2000 =3000 -x
X=1000

Thuson comparing, r= 10%


253
CompoundInterest
Interest annd
for 2nd year is
2
Simple

a0 (e) Since
the compound interest
obtained
A-P{1+ 100 - 12300(1+
principle of
?1210
the simple interest on the =12800 x1.04×1.04 = 13844 4g
That means it is on 1st Hence,CI=A-P= 13844 48-12S=1A4 AZ
(Main principal + Interest
2ndyear which is Time 4 years,rate 7% p.a., I=3584
10/100 7x4- 3584
year)
= [Principal of 2nd year] x 1 ’ 126
’ 1210 12100
’ Principal of 2ndyear] = 100 ’ 12600
Principal=12600
We know that,
Principal t Interest
of
[Principal of 2ndyear]
= Main 12600
4% 4%
Ist year
Suppose the main
principal is P
12100
S12) DcI. CI=144 48
1]/100 =
’P+ [Px 10 x 4% 20.48
’1.1P= 12100
had sum of P
’ P = 11000 94. (b) Let Ramesh 2
amount =11000 10
5610
.. Principal
3 36P Then, 3 100
x=
SI =Px12 100 100
90. (c) Total
Effective rate of for CI at 15%
interest
annually for 2
years =15 +
p.a.
15 +
48P
100
-P=S610
compounding
48P 121P-100P =5610
(15x15) =32.25%
300
100 100
32.2532.25P
144P +21P = 5610
Total CI= Px = 100 100
300
36P 32.25P
=750 165P
ATQ, 100 100 =5610

P=20000
300
man=100x
91. (b) Let sum invested by 5610×300

140 = 140x P=
he got = 100x x 165
And amount 100 ’P= 34 x 300
per annum.
Let rate of interest be 'r% ’ P=10, 200
Sohit= x
According to the question, 95. (e) Let sum invested by
4 And, rate of interest =
100x x rx = 140r - 100x According tothe question,
100
r= 10 3 xXrxT
2
Required interest=
7200 x 10x 100-=72160
xXrx(T+5)
40000x 5x3
=76000 ..T=10.
92. (c) S.I. for 3 years =
100 10,277
C.I. for 3 years 96. (b) Given that principal P= Rs.
Rate R = 13%
Number of in stallments
’Value of eachinstallment
3 P
= 40000x0.157625
3
100 100
100+R.
=6305 =? 305.
6305-6000
Required difference = 10277
3
Prt 100 100
93. (e) Using SI = 100
100+13) 100+13)
Px7x4 ’ P=12800
3584 = 10277
100 = Rs4300.
Now, amount got by CI 2.39
256

27750
=37500 Simple Interest
0.74 118. (e) od lot and
Suresh invested = 37500 +
115. (a) Rate = 10%
5000 = 42500
10
100
8000n12 Compound Intere
100 11 100
Let Principal = 100 100
Now, 800
100 880
1 88
1 960.00
10
Total C.I for 3 96.00
10 yrs= 105.60
119. (c) Amount after 3 yrS =2940.16 10.56
10 According to question, 80000+
Difference between C.I. & 10 3 2940.16=
For two years
1
(21-20)
SI
=6250 ’ 10,940.16
/>100 =6250
’ A= 6250x 64
According to question :. 2A =2 x 125
=3200
(110 100) > 10 ’ 100 3200 =
x 10 ’ 1000 6400
116. (a) SI on Hence, simple interest
scheme A= 2920x 5x5 = 6400x12x15
100 =Rs 730
S( on Scheme B= 2920x 5x8
120. (b) The
sum lent = 3720 x100 3720
100 -=7|1520
= Rs 1168 121. (d) S 100 +8 x3
x100 =3O00
Required differrence 100 scheme 124
both schemes = between
interest
1168 -730 =7438 received from 2
8800 = 20
100 -P’ 8800:
117. (b) Rate =
14%=
7 7 ’ P= 8800x 25
Let the principal = (7)= In I[nd scheme -11 -20000 (Principal amount)
ATQ. 343
Principal = 2 x 20000 =
40000
1 343 1 Compound Interest =4
7
= 40000 121
= 40000 >x 21
122.. (b) Interest 100 100 -8400
49 received in scheme A+
scheme B’ Total Interest Interest received in
49
7 7 ax15x2(a+1000)12x2
100
+ = 8448
7 100
1 30a 24a
100 +240 =8448nip
Interest for 3rd year = 64 100
i.e. 12 month = 64 54a
=8208
100
for 3 months 64
=x3=16 12 o bn
a =15,200|
123. (c) A=P+I
Total CI for 2.3 years = 49
+ 49 + Here, Sum = P and Interest =I
16+7=121
Total SI for 2.3 years = 49 + 49 + 343x1×3 SI=(p xrxt/100
A=p+(prt)/100
=110.25 712) =P+ (Px 10 x 4)/100 =P + 0.4P= 1.4P
Now, this amount invest in scheme in Bfor 5yearsat
Required difference = 10.75 8% simple rate of interest
In question A=p+(prt)/100 1.96P
0.56P =
10.75 ’ 32.25 =1.4P +(1.4P x 8 x5)/100 F1.4P+
=
1’3 According to question, 201.60
3433 x 343 Difference =1.96P=360
0002 P=201.60/0.56
- 1.40P= 0.56P=
1029 =|4x
360=
Amount invested in schemne B=1.4P

504
Interest 257
Interest tannd Compound
Simple = 118013.95 84000 =34013.95
According to question, 130, (a) Let the Sum invested at simple interest =x
124. (d) 2
A. T. Q
(a+500) x 12 x
100
2
-|a(1-a=1s0 xx15x4
= 600
100
24(a + 500) 2la = 150 x=1000
100 100
-21a= 15000 (R+2)72
24a + 12000
’a=1000
Therefore, 10001+ = 1210
’ 3a =3000 K 100
invested in scheme
Hence, amount=R1500
1210
= 1000 + 500 30000 x25 x5-+30000
100 1000
from SI =
Amount received 100
125. (b) R+2
=67500 1+
10 )2 100 V100
67500×1+0
Amount at CI= 100/ R+2_11
100 10
121 =81657
= 67500x R+2 1
100 14175
= 81675 67500 =R
Hence, interest receivedscheme 100 10
P R+ 2=10
126. (d) Amount received from
x5x10
=(x + 500) +
(X +500) -x+ s00) R=8%
100
received from scheme
131. (c) According to question,
.:. Compound interest 2
Q= .3780 9000
o("i 9000 = 3960

R 3960
|1100-= 9000
3 21
’(x+500)x 100 =3780 2
1+=1.2
=0.44 + 1= 1.44’ 100
200 ’x+ 500 =12000
’x+ 500 =3780 x
63 1.2-1= 0.2 R=0.2 x 100 = 20%
>x=11,500| 100
invested in scheme P and O are
3x 9000 x 3x(20-5)
127. (c) Let the amount Hence, simple interest =
and 2x respectively. 100
According to question, = 90 x 3 x15 = 4050
3x x 4 x 4 2x x8x 2
-=1200 Pxtx10
100 132. (b) = 3000 (Given)
100 100
48x 32x 80x
=1200
’ Pxt= 30000 ...i)
= 1200
100 100 100 According to question,
1200 x 10
’x= -=1500 Pxtx12 6768
100
Hence, the amount Vaayun invested is = 3x+ 2x
=5 x 1500 -7500 30000 × 12 36
SIx100 6500 x 100 100
(r-1300) -(P+1200) -6768
6250
128.(a) Principal = RxT 13x8 11
’ (P+1200) x 25 =6768-3600
2
8
=77290
Amt = 25
100/ ’ P+1200 = 3168 x -=7200
-6250=71040
CI =Amt -Principal = 7290
11
’ P= 7200- 1200 = 76000
30240 x 100
129.(e) Rate = = 12%
84000x3 Hence, amount received from (P + 1200) = 7200>
84000
Compound interest = 100,

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