Let Us Determine The Amount (Principal Among With Interest) Of ₹ 960 At The Rate Of Simple Interest Of 8 1/3 % Annum For 1yr 3 Months. - ConceptEra

<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-5L2RTLHB" height="0" width="0" style="display:none;visibility:hidden"></iframe>

Question

Let us determine the amount (Principal among with interest) of ₹ 960 at the rate of simple interest of 8 1/3 % annum for 1yr 3 months.

Solution

Share this solution

Related Question

Q- Rothinbabu deposits the money for each of his two daughters in such a way that when the ages of each of his daughters will be 18yrs, each one will get ₹ 1,29,000. The rate of simple interest per annum in the bank is 10% and the present ages of his daughters are 13yrs, and 8yrs, respectively. Let us determine the money, he had deposited separately in the bank for each of his daughters.

Chapter: Simple Interest

View Answer

Q- A bank gives 5% simple interest per annum. In that bank, Dipubabu deposits ₹ 15,000 at the beginning of the year, but withdraws ₹ 3000 after 3 months and then again, after 3 month he deposits ₹ 8000. Let u determine the amount (Principal along with interest) Dipubaba will get at the end of the year.

Chapter: Simple Interest

View Answer

Q- Rahamatchacha takes a loan amount of ₹ 2,40,000 from a bank of for construction a building at the rate of simple interest of 12% per annum. After 1yr, of taking the loan he rents the house at the rate of ₹ 5200 per month. Let us determine the number of yrs, he would take to repay his loan with interest from the income of the business.

Chapter: Simple Interest

View Answer

ConceptEra: The Learning App for WBBSE Students

Attend classes, ask doubts, give mock tests, and much more from the comfort of your home

Download The App

[email protected]

+91 70442 89520

The Learning Platform For WBBSE Students

Quick Links

News Letter

Subscribe to our newsletter to get important news and updates

© Copyright 2022 ConceptEra | All Right Reserved