The rate of simple interest per annum of bank being decreased from 5% to \(3\frac{1}{2}\%\), the annual income of a person from interest was less by Rs. 105. The sum deposited at the bank was

The rate of simple interest per annum of bank being decreased from 5% to \(3\frac{1}{2}\%\), the annual income of a person from interest was less by Rs. 105. The sum deposited at the bank was
1). Rs. 7,000
2). Rs. 6,000
3). Rs. 7,200
4). Rs. 6,800

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (4+4)
Submit:

Other Questions

1.  Deepa invested an amount of Rs. 9450 at the rate of 5% per annum for 3 years. What approximate compound interest will she get at the end of three years ?

2.  Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?

3.  At what rate per cent per annum calculated in simple interest will a sum of money double in 10 year?

4.  Mr. Duggal invested Rs. 20,000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interes

5.  A bag contains 50 P, 25 P and 10 P coins in the ratio 5: 9: 4, amounting to Rs. 206. Find the number of coins of each type respectively.

6.  There was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount

7.  Sourabhi invested an amount of Rs. 16,840 at the rate of 6 p.c.p.a. for 5 years. What total amount will she obtain with the simple interest at the said rate at the end of 5 years ?

8. A bank offers 10% compound interest per half year. A customer deposits Rs. 2000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is

9.  At a certain rate of simple interest, a certain sum of money becomes double of itself in 10 years. It will become treble of itself in

10. Simple interest on a certain sum for 6 years is $\frac{9}{25}$ of the sum.The rate of interest is