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Numerical Ability
Simple & Compound Interest
If the difference between compound interest(interest compounded yearly) and simple interest on a sum for 3 years at 20% p.a. is Rs.132, then the sum is
a) Rs.3500
b) Rs.1500
c) Rs.2500
d) Rs.3000
e) None
Read Solution (Total 8)
-
- C.I-S.I=132
C.I=A-P
A=P(1+(R/100))^n
A=x(1+(20/100))^3
A=x(6/5)^3
A=216/125(x)
C.I=(91/125)x
S.I=(PNR)/100=(x*3*20)/100=(6/10)x
diff=132
diff=(91/25)x-(6/10)x=(182x-150x)/250=32x/250
32x/250=132
x=(132*250)/32
x=1031.25 - 8 years agoHelpfull: Yes(6) No(0)
- none of this
if 132 is replaced by 192 ans is 1500 - 8 years agoHelpfull: Yes(4) No(0)
- Difference = p(r/100)n
132=p(20/100)3
=p(1/5)3
p= 132*5*5*5 = 16,500
Pls tell me ans s crct or wrng
- 8 years agoHelpfull: Yes(3) No(4)
- CI for 1500=1032
SI for 1500=900
diff=1032-900=132 - 8 years agoHelpfull: Yes(1) No(0)
- difference between CI-SI FOR 3 YEARS IS SUM = 10^6 XD(DIFFERENCE)/R^2(R+300) R=RATE
SUM = 10^6 X132/400(10+300)
=10^6 X132/ 400(320)
=10000
- 8 years agoHelpfull: Yes(0) No(0)
- e) None
- 8 years agoHelpfull: Yes(0) No(0)
- none --- 1031.25
let assume sum is P
S.I = PTR/100
C.I = P(1+R/100)^n - P
The difference b/w C.I - S.I = P(1+R/100)^n - P - PTR/100
we can solve this equation we get the sum value is 1031.25 - 8 years agoHelpfull: Yes(0) No(0)
- here SI-CI=132,R=20%
WE KNOW THAT SI-CI=PR^2/100^2
132=P*20*20/10000
P=800 E
- 8 years agoHelpfull: Yes(0) No(0)
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