Skip to main content

Aptitude Day 191

Problems on Simple Interest:

1. A certain amount earns a simple interest of 2500 after 5 years. Had the interest been 3% more, how much more interest would it have earned?

Solution:
                 The principal is not given so we couldn’t find the rate. So the data given is inadequate.



2. In how many years, 21000 will produce the same interest at 5% as 180000 produce in 2 years at 3(1/2)?

Solution:
                  S.I = PTR/100

                  21000*5*T/100 = 180000*2*7/100*2
                  T = 180000*2*7*100/100*2*5*21000
                  T = 12 years.              

                

Comments

Post a Comment

Popular posts from this blog

Vocabulary Day 21

Stammer Thesaurus: Verb : stutter in speech, speak haltingly, speech defect           halt, hesitate, pause, stop, sputter... Antonyms : say quickly, pronounce, enunciate... Example sentences: ·          He was stammering when the teacher caught him red-handed. ·          One should avoid the stammering while delivering a speech. 
Post a Comment
Read more

Vocabulary Day 32

Indulge Thesaurus: Verb : allow            entertain, delight, give in, go along, please, pamper, satisfy... Antonyms : disappoint, distress ...         Example sentences: ·          You must indulge your child.  ·          One must not indulge in such activity.
Post a Comment
Read more