SOLUTION

1. (A) प्रश्नानुसार -
िूलधन x दर x सिय
साधारण ब्याज =
ू धन (P) = ₹48750 16% वाशषिक
िल 100
200 x 25 x 74
दर (R) ≅ 25.34 = ₹ 25
1 सिय (t) = 73 शदन या वषि 5 100 x 4 x 365
S. I. PXRXT 48750x16x1 100 100 x 5
= 1560
5. (d)

2. (B) P = 1 ₹ , T-1 िाह, r = ?

साधारण ब्याज = 1 पैसा (िाशसक)
∵ ₹1 पर छः िहीने िें बैंक द्वारा शदया गया ब्याज = 10 𝑃×𝑅×𝑇
S.I. =
पैसा = 100
100 × 𝑅 × 1
∵ ₹ 200 पर छ: िहीने िें बैंक द्वारा शदया गया ब्याज 1=
= 200 × 10 = 2000 पैसे = ₹ 20 100 × 12
𝑟 = 12%
1
∵ ₹ 200 पर 1 वषि (छः िाह x 3) िें बैंक द्वारा
2
शदया गया
ब्याज = 20 x 3 = ₹ 60= 6. (D)
1
अतः बैंक द्वारा 1 वषि बाद वापस की गयी कुल धनराशि SI = Amount - sum
2
= 200+ 60 = ₹ 260 5586 - 4200 = 1386
𝑃×𝑅×𝑇
S.I. =
100
3. पहले बाद िें 𝑆𝐼 × 100
𝑟=
11% 17.5% 𝑝×𝑡
वृशर्द् = 6.5% 1386 × 100 × 3
=
प्रश्नानुसार, 4500 × 11
6.5%→ 1071.20 𝑟 = 9%
1071.20 2𝑥 + 1 19
∴ 100% → × 100 = 16480 = = 9.5
6.5 2 2
अतः शनवेशित िल ू राशि (₹ िें) = ₹ 16480
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ू धन ₹ 2000, दर 4 = %
िल
सिय = 4 फरवरी 2015 से 18 अप्रैल, 2015
सिय = 74 शदन
7. (C)
Total Interest at the end of 4 years
S.I for 3yrs of 10% on 100 = 30 = 3120 + 3744 = ₹ 6864
Amount = 100 + 30 = 130
12. (A)
Actual amount = 403
403 21000 25 100
Sum of money = × 100 = 310 𝑅𝑠. (A) Total SI = × ×
130 100 3 7
12000 25 25
+ × ×
100 3 4
8. (B)
𝑃𝑅𝑇
= 25000 x 10 x 625
SI = = 25000 + 6250
100
7700 × 100 × 50 = 31250
= 5000
100 × 11 × 7
Amount = 7700 + 5000 = 12700
13. (D)
𝑃𝑅𝑇
9. (C) 𝑆𝐼 =
100
R=
100×3000 𝑃 100 1
3000×𝑅 100 = × ×
⇒ 𝑅2 = 100 100 7 365
P = 100 x 7 x 365
⇒ 𝑅 = 10%
= 255500

10. (C)
𝑃×𝑅×𝑇 14. (C)
= 𝑆. 𝐼.
100 Let P be the principal amount
𝑃 × 25 × 6 9
= 𝑃 + 360 Given, SI = ₹ 101, time(t) 𝑦𝑟
100 12
1 100
150 P = 100 P + 36000 and rate(r) = 11 % = %
9 9
50 P = 36000 𝑃×𝑅×𝑇 𝑆𝐼×100 101×100
∴ 𝑆𝐼 = = =
P = ₹ 720 100 𝑟×𝑡 100×9
x 9 x 12
11. (B) ∴ Principal (P) = ₹1212
Principle = ₹ 15, 600
Rate = 10%
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S.I. in 2 years = ₹ 3120
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20
= 18720 × = 3744 𝑅𝑠
100
 𝑃𝑅𝑇 7 63
15. (D) I= = 5200 × × = 62.82
100 100 365
Total interest paid = ₹ 99.73 + ₹ 62.82
Case 1: = ₹ 162.55
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 × 100
𝑃= 18. (C)
𝑇𝑖𝑚𝑒 × 𝑅𝑎𝑡𝑒
5000 × 100 Let assume that total income is 100
𝑃1 =
50 units
× 𝑅𝑎𝑡𝑒
9 Difference in rate of interest = 8% -
90000 3 1
𝑃1 = ₹ 7 = % p.a.
4 4
𝑅𝑎𝑡𝑒
Case II: So, interest amount reduced = 100 x
5000 × 100 1/4% = 0.25 units
𝑃2 = According to the question:
50
× 𝑅𝑎𝑡𝑒 0.25 units = Rs. 61.50
7
70000 ⟹1 unit = 61.50/0.25 = Rs. = 246
𝑃2 = ₹ ⟹ 100 units = 246 x 100 = Rs. 24,600
𝑅𝑎𝑡𝑒
∴ Required per cent The total capital is Rs. 24,600
90000 − 70000 The correct option is 3i .e.24,600
=( 𝑅 ) × 100
70000
𝑅 19. (B)
2 4
= × 100 = 28 %
7 7 Formula used:
SI = (PTR)/100
Where P = principle
16. (A) T = time and
R = rate of interest
Time (23+28+31+30+31+3) days
2 Calculations:
= 146 days = years Let the first SI be S11 = (P x T x R) /
5
100 2 1 100
∴ SI = ₹ (11000 × × × )=
11 5 100 Now if the principle is halved and the
1000
rate is doubled new
A = 11000 + 1000 = ₹ 12000 S12 = (P x T x 2R)/(2 x 100)
(P x T x R)/ 100
∴ The ratio of 𝑆11 𝑡𝑜 𝑆12 = 1 : 1
17. (A)
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𝑃𝑅𝑇 7 52
I= = 10000 × × = 99.73
100 100 365 • App Link: https://bit.ly/singhkorieducationapp
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= ₹ 5,200
Day 115
 SOLUTION
1. (B)
5000 Using the method of allegation

5% 4%
250 200
223
23 : 27

2300 2700
Money invested at 4% interest rate =
2700

2. (B)
Total ⟹17200
Intrest ⟹ 3008
1 year ⟹ 1504
1504 376
R= × 100 ⟹
17200 43
8% 10%
376
43
54 32
43 43
27 : 16
27
17200 × ⟹ 10800
43

3. (A)
8400×8.75×𝑡
11046 - 8400 =
100
⟹ 84 x 8.75t = 2646
⟹ t = 3.6 years
3.6
SI = 10800 x 8.75 x = 3402 Rs.
100

4. (C) Let the total investment in

scheme B be Rs.x, then
5 12
(49000 - x) × +𝑥× = 49000
100 100
5
𝑥 = × 49000 = 35000 Rs.
7
 5. (C)
Let the money lent at the rate of 5%
be x.
So, the money lent at 4% will be
2000 –x
Amount given at 5% = (2000 − 𝑥)
According to the question,
𝑥 × 5 × 1 (2000 − 𝑥) × 4 × 1
+
100 100
= 92
𝑥 = 1200
Hence, money given at 4 % interest
is Rs. 800
6. (B) Interest rate for 3 years
3738 623
= × 100 = %
15600 26

Using alligation-
7 x 3 \% 9 × 3%
623
%
26
Multiplying by 26
546 702
623
79 77
⇒ Ratio of principal = 79 : 77
15600
⇒ Money invested at 7% = 79+77 × 79
15600
= × 79 = 7900 Rs.
156

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7. (C)
8% 6%
248 186
212
26 36
13 : 18
3100
Money lent at 8% = 31 × 13 = 1300

8. (C)
400
Reff = × 100
4000
Reff =10%
By alligation
5 1
5 % 11 %
9 9
10
1 : 4
1 4
So, sum lent at 11 % = x = 4000
9 5
= 3200 Rs.

9. (D)
2
6 % 1𝑥%
3
2
16 %
3
50
𝑥− 10
3
𝑥 − 50/3 3
=
10 2
2
𝑥 = 31 %
3

10. (D)
Total money = 16 lakh
Fixed deposit = 7%
Other investment = 3 : 2
Rates of other investment = 4%,
1.5%
Other's interest 3 : 2
(respectively)
4% 15%
 12+3 15
Over all = = = 3%
5 5
0.64 64
Over all interest = × 100 = =
16 16
4%
F.D Other
7% 3%
4%
1 : 3
4 → 16 lakh
1 → 4 lakh
Others deposit = 3x4 = 12 lakh
Fixed deposit =1x4 = 4 lakh

11. (D)
Total money = 16 lakh
Fixed deposit = 3%
Other investment = 3 : 7
Rates of other investment =
2 1
6 %, 7 %
3 7
(respectively)
Other's interest 3 : 7
2 1
6 % 7 %
3 7
20+50
Over 11 = = 7%
10
0.64 64
Over all interest = x 100 = =
16 16
4%
F.D Other
3% 7%
4%
3 : 1
4 → 16 lakh
1 → 4 lakh
Others deposit = 1x 4 = 4 lakh
Fixed deposit = 3 x 4 = 12 lakh

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12. (B)
1st interest = 17.25
Total interest = 23.25
17.25% P%
23.25%
(P-23.25)% : 6%
3% : 2%
(𝑃−23.25)% 3
=
6% 2
P = 23.25 + 9 = 32.25%
32.25 → 1290
1 → 40
100% → 4000
Money 3 : 2
x 2000
4000
Total money = 2000 × 5 = 10,000 Rs.

13. (B)
2400
Fixed Rate = × 100 = 12%
10000×2
10% 15%
248 186
12
3 2
5 → 10000
1 → 2000
2% → 4000

14. (B)
Interest rate for 3 years
3738 623
= × 100 = %
15600 26
Using allegation-
7 x 3% 9 x 3%
623
%
26
Multiplying by 26
546 702
623
79 : 77
⟹ Ratio of principal = 79 : 77
 ⇒ Money invested at 7%
15600
= × 79
79+77
15600
= × 79 = 7900 Rs.
156

15. (C)
Let, the first amount = Rs x and the
rest amount = Rs y
According to the question,
𝑥 𝑦
⟹= =
4 5
⟹ 0.8y
According to the question,
10 12
⟹ 𝑥 x2 x +𝑦x2x = 2500
100 100
⟹ 0.2x + 0.24y = 250
⟹ 0.2 x 0.8y + 0.24y = 2500
⟹ 0.4y = 2500
⟹ y=2500/0.4 = 6250
x = 0.8 x 6250 = 5000
∴ Total amount invested = Rs (x + y)
= Rs (6250 + 5000 ) = Rs 11250

16. (D)
Interest rate for 3 years
2121 354
= × 100 = %
10200 17
Using allegation-
8 x 3% 6 x 3%
354
%
17
Multiplying all these terms by 17
408 306
354
48 : 54
⟹ 24 : 27 ⟹ 8 : 9
Money invested at 6% rate
10200
= × 9 = 5400 Rs.
17
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17. (B)
Mixed per yer SI rate
4125 33
= × 100 =
25000×2 4
1
Let SI rate of part = x
4
Using allegation
𝑥 𝑥+4
33
4
Multiplying it by 4
𝑥 𝑥+4
33
4𝑥 − 17 33 − 4𝑥
ATQ,
4𝑥 − 17 1
=
33 − 4𝑥 3
⟹ 12x – 51 = 33 – 4x
⟹ 16x = 84
21
⟹𝑥=
4
21
SI rate of second = + 4 = 9.25%
4

18. (B)
Mixed per yer SI rate
3000
= 1 × 100
10000×3
3

2
𝑥 𝑥+ %
3
9
7
𝑥− 9−𝑥
3
7
𝑥−
= 3=1
9−𝑥 3
= 3𝑥 − 7 = 9 − 𝑥
4𝑥 = 16
𝑥=4
SI rate of second year
2 2
= 4 + 6 = 10 %
3 3
 SOLUTION
3. (A)
Given,
1. (A) Short Trick Hint:
with Amount of 13 years = Rs 32000
SI = 11046 - 8400 = 2646
Amount of 8 years = Rs. 24500
P = 9600 , r = 8.75%
Interest for 5 years = 7500
As we know, 7500
2646×100 1 year interest = = Rs. 1500
t = [(SI x 100)/Pr] = = 5
8400×8.75
Interest for 8 years
3.68400×8.75 =3.6
𝑃×𝑅×𝑇 = 1500 x 8 = 12000
SI = Principal = Amount - Interest
100
SI= (9600 × 8.75 × 2646 × 100)/{100 = 24500 - 12000 = Rs. 12500
× 8400 x 8.75) = 3024
2. (B) 4 (B)
Amount = Principal + simple interest Simple interest for 3 years
9766 = Principal + simple interest for = 2000 – 1250 = 750
3 years (1) ⟹ Simple interest for 1 year
10,849 = Principal + simple interest = 750/3 = Rs 250
for 4.5 years (2) ⟹ Simple interest for 2 years
subtract (1) from (2) = 2 x 250 = Rs ,500
Simple interest for 1.5 years P = 1250 - 500 = 750
= 10,849 - 9766 = Rs. 1083 P = 750, T =1, SI = 250
𝑃𝑅𝑇
Simple interest for 1 years ∴ SI =
100
= Rs.1083/1.5 = Rs. 722 750×𝑅×1
⟹ 250 =
Simple interest for 3 years s 100
= Rs. 722 x 3 = Rs. 2166 ⟹ 𝑅 = 33.33%
Principal = Amount - Simple interest Hence option (b) is correct.
= Rs. 9766 - Rs 2166 = Rs. 7600
5. (B)
Now, 1
= (PRT)/100 = S.I Amount in 4 years = 2350
6
= (7600R x R x 3) / 100 = 2166 Amount in 11 years = Rs. 3000
= R = (2166 x 100)/(7600 × 3) = R = Interest for 2.5 years = 3000 - 2350 =
9.5% 750
The value of R is 9.5% Interest for 1 year
750
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= = 300
2.5
Therefore, principal
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𝑃×𝑅×𝑇
Interest =
100
 1100×𝑅×1 3 2
⟹ 300 = ⟹ 𝑟 = 27 % ⟹ Principal =12900 - 6 x135 =
100 11 3
12000
135
So, Rate % = x 100 = 1.125%
6. (A) 12000
11. (D)
2 yr. S.I. = 11495 -9500 = 1995 1
𝑃𝑅𝑇 P +8 % p.a. interest for n years
S.L.= 3
100
9500×𝑅×2 = Rs. 180…..(1)
1995 = 1
100 P +4 % p.a. interest for n years
21 = 2R 6
= Rs. 120…… (2)
Now
9500×2×21 Subtracting eq. (2) from eq. (1)
S. I. = 1
100 we get 4 % p.a. interest on principal
= 95 x 42 = Rs.3990 6
for n
years = Rs. 60
Put this value in eq. (2)
7. (A) Principal + 60 = 120
4 year interest = 4384 Principal = Rs. 60
1 year interest = 1096 From eq. (1)
7 year interest = 7672 180×100
Sum = 14522 – 7672 = 6850 years. Time (n) 25
60×
3
⟹ n = 36 years

8. (B) 12. (D)

1 year interest 78 Principal = Rs. 2700
2
3 year interest = 234 Interest for 16 years =
3
Sum =1630 - 234 = 1396 1
2700×11 ×16
2
9 3
= 5000
100
After 20 years Principal = 2700 +
9. (D) 5000 =7700
1 year interest = 150 Let Simple interest on Rs. 7700 for n
3 year interest = 450 years be 7700
1
Sum = 1200 – 450 = 750 7700×11 ×𝑛
9
⟹ = 7700
100
⟹n=9
2 2
10. (C) So, total time 16 + 9 = 25 yrs
3 3
Accordingly to question- 2
2
So, required answer is 25 yrs – 5 yrs
3
in four years P 6 S.I. = 12900 (i) 2
3
2
= 20 yrs
3
in five years P 16 S.I. =14250 (ii)
3
From eq. (i) and eq. (ii) For More Study Materials:
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13. (B)
2yr. S.1,=10560
1 yr. S.I. = 5280
P = A - Interest
P = 81840 - 15840
P = 66000
𝑃𝑅𝑇
S.I.=
100
6600×𝑅×1
5280 =
100
258
𝑥=𝑅= = 8%
66
1 1
𝑅 = (𝑥 + 3 ) = 11 %
2 3
100
34 14
𝑇= =8 years
3 17

14. (A)
3 yr. S.I.= 7563.20 - 6240.8 = 1322.4
1yr .S.1.= 440.8
3
P = 6240.80 − 440.8 × = 5579.6
2
𝑃𝑅𝑇
S.I.=
100
5579.6×𝑅×1
440.8 =
100
R = 7.9%

15. (B)
Let the principal be Rs. x.
ATQ,
x +S.I. for 2 years = Rs. 1008 …(i)
7
x +S.I. for years = Rs. 1164 … (ii)
2
By equation (ii) - (i)
S.I. for 3/2 years
Rs. (1164 - 1008) = Rs. 156
S.I. for 2 years
156×2×2
= = 𝑅𝑠. 208
3
From equation (i)
x + 208 = 1008
x = Rs. (1008 - 208) = Rs. 800
𝑆.𝐼.×100
Rate =
𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙×𝑇𝑖𝑚𝑒
208×100
= = Per annum 13%
800×2
 SOLUTION
3. (D)
According to the question
1. (B) 𝑃×𝑅×5
P = Rs. 800, A = 956 and t = 3 years ⟹P + = = 3640
100
SI = 956 - 800 = Rs. 156 ⟹ 100P + 5Pr = 3640 x 100
𝑃×𝑅×𝑇
SI = ⟹ 5Pr =(3640 x100) -100P...(1)
100
800×3×𝑟 Again
⟹156 = 𝑃×(𝑟+2)×5
156
100 ⟹𝑃+ = 3920
100
⟹𝑟= ⟹ 100P + 5Pr + 10P = 3920 × 100
24
⟹ 𝑟 = 6.5% ⟹ 5Pr = (3920 x 100) – 110 P … (2)
New rate of interest = 6.5 + 4 = 10.5% From equation (1) and (2) we get,
P = Re 800 and time = 3 years (3640 x 100) - 100P = (3920 x100) –
𝑃×𝑅×𝑇
SI = 110P
100
800×10.5×3 ⟹(110P – 100P) = (3920 x 100) –
⟹SI =
100 (3640 x 100)
⟹ 𝑆𝐼 = 252 ⟹ 10P = 100 (3920 - 3640)
⟹ Amount = 800 + 252 = 1052 ⟹10P = 100 x 280
⟹10P = 28000
28000
2. (B) ⟹ = 2800 Rs.
10
Interest earned for 5 years - Interest ∴ The required principal is Rs. 2800
earned for 4 years = 375
Let the principal be Rs. P 4 (D)
7.5×5 7.5×4
=Px −Px = 375 Let the sum of money be Rs. P
100 100
37.5×𝑃 30×𝑃 Let the rate of simple interest be r%
= − = 375 As we know,
100 100
7.5×𝑃
= = 375 Simple Interest = (P x r x t)/100
100
∴ P = Rs. 5000 Amount = Principal + Simple Interest
If sum of money when invested for 5
years gives Rs. 5,250 as the amount
According to the question
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𝑃+ = 5250
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100P + 5Pr = 5250 x 100
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5Pr = (5250 x 100) - 100P - - - - (1)
 If the simple rate of interest was 2%
per annum more, amount would have 7. (C)
been Rs. 5600 3(𝑟 + 2) × 𝑃 3 × 𝑟 × 𝑃
− = 84
100 100
[𝑃 × (𝑟 + 2) × 5] 3×2
𝑃+ = 5250 𝑃 = 84
100 100
100P + 5Pr + 10P = 5600 x 100 𝑃 = 1400
5Pr = (5600 x 100) -110P----(2)
From equation (1) and equation (2) 8. (C)
(5250 x 100)-100P = (5600 x 100) - 𝑃×7×𝑥
110P 𝑃+ = 22494
100
110P -100P(5600 x 100)-(5250 x 100) 𝑃 × 7(𝑥 + 4)
10P = 100(5600 - 5250) 𝑃+ = 25917
100
10P = 100 x 350
P = 3, 500 𝑃 × 28
= 3423
100
5. (D) 𝑃 = 12225
𝑃 × 4 × 12 𝑃 × 5 × 9
− = 412.50
100 100 9. (D)
48 45𝑃 8500 × 6 × 𝑅
𝑃− = 412.20 = 11050 − 8500
100 100 100
3𝑃 85 x 6 x R = 2550
= = 412.50
100 1.8 times = 5 x 1.8 = 9%
= 13750 8500 × 9 × 5
6. (B) = 8500 +
100
Let, the sum = Rs. 100x = 8500 + 85 x 9 x 5
According to the question, = 8500 + 3825 = 12325
7 10 5 12
100𝑥 × × − 100𝑥 × ×
2 100 2 100
= 50 10. (A)
𝑃 × 5 × 1 𝑃 × 5.5 × 1
= 35𝑥 − 30𝑥 = 50 +
= 5𝑥 = 50 100 100
𝑃×6×1
= 𝑥 = 10 +
∴ The sum = Rs. 100 x 10 = Rs 1000 100
𝑃 × 6.5 × 1
+
100
For More Study Materials: = 4600
23𝑃
• App Link: https://bit.ly/singhkorieducationapp = 4600
100
• Telegram : https://t.me/mathswithpawanrao 𝑃 = 20000
11. (D)
1 Year 15. (D)
100→ 1 Decrease 10500 × 𝑥% × 3
1 + 13500 × (𝑥 + 2)%
6 Year
4 × 3 = 7650
25
100→ Decrese 10500 × 𝑥 × 3 + 13500(𝑥 + 2) × 3
4
↓ x 24 ↓ x 24 = 765000
2400 ⟶ 150 210𝑥 + 270𝑥 + 540 = 5100
SI (initial) = 864 𝑥 = 9.5%
SI (Now) = 714
Amount = 2400 + 714 = 3114

12. (A)
1 1
𝑃 × 21 × 7
7 − 𝑃 × 11 × 9 11
100 100
= 500
50
=𝑃× = 500
100

13. (C)
𝐷𝑖𝑓𝑓𝑒𝑟𝑒𝑐𝑒 𝑖𝑛 𝑆.𝐼.×100
Principal (P) =
𝐷𝑖𝑓𝑓.𝑖𝑛 𝑅𝑎𝑡𝑒(∆𝑅)×𝑇𝑖𝑚𝑒
222.2 × 100
= = 1000
11.11 × 2

14. (B)
1 1
𝑥%, (𝑥 + 3 ) %, (𝑥 + 6 ) %,
3 3
1
(𝑥 + 9 ) %, (𝑥
3
1
+ 12 ) %, (𝑥
3
1
+ 15 ) %,
3
2
Total interest (6𝑥 + 46 ) % =
3
2
85 %
3
6𝑥 = 39%
𝑥 = 6.5
 𝐼𝐼 = 3000 25 20
2𝑥 × = [11000 − (3𝑥)] ×
3 3
5𝑥 = 11000 × 2 − 6𝑥
2. (C) 𝑥 = 2000
4000×3.5×𝑥 5000×2.5×6.66 𝑃1 = 2000
= 𝑃2 = 4000
100 100
125 𝑃3 = 5000
= %
21 5. (D)
100 50
3. (B) (𝑡 − 2) =𝑡×
9 9
Total Amount = 35L 2𝑡 − 4 = 𝑡
Elder daughter's amount = x 𝑡=4
Younger daughter's amount 35L-x 𝑃 50
Rate = 10% 𝑃+ × = 4 = 88000
100 9
at age of 21 year = A₁ =A2, 11𝑃
Time for elder daughter = 21 - 16 = = 88000
9
5yrs 𝑃 = 72000
Time for younger daughter = 21 -8.5 6. (A)
=12.5 yrs
⟹ 7. (B)
𝑥×10×5 𝑃1 , 𝑃2 &𝑃3 respectively son, daughter
𝑥+ = (35𝐿 − 𝑥) +
100 and wife shares
(35𝐿−𝑥)×10×12.5
𝑃1 × 3 × 5 𝑃2 × 4 × 5
100 =
⟹ 100 100
𝑥 125 𝑃3 × 5 × 5
𝑥 + = 35𝐿 − 𝑥 + (35𝐿) − =
125
2 100 100
𝑥 𝑃1 𝑃2 𝑃3
100 = =
𝑥 5
⟹ 𝑥 + + 𝑥 + 𝑥 = 35𝐿(1 + )
5 20 15 12
2 4 4 105750 × 12
15𝑥 9 𝑃3 = 𝑤𝑖𝑓𝑒 =
⟹ = 35𝐿 × 47
4 4
⟹ 𝑥 = 21 𝐿 Wife’s share = 2250 x 12 =27000 Rs.
For More Study Materials:
• App Link: https://bit.ly/singhkorieducationapp 8. (D)
15 5
• Telegram : https://t.me/mathswithpawanrao 𝑃1 × 5 × 17 = 𝑃2 × 5 × 19
17 19
4. (D) 100 100
𝑃1 × × 17 = 𝑃2 × × 19
2 𝑃1 𝑃2 1 17 19
16 × ×2 = ×8 ×2 𝑃1 = 𝑃2 = 𝑥
3 100 100 3
2 2 5
= [11000 − (𝑃1 + 𝑃2 )] × ×6 5 × 17 × 𝑃2
100 3 19
50 𝑃1 = 25 𝑃2 9
= [1200 − 2𝑥] × 7
𝑃1 1 13
= 𝑃2 × 100 = [1200 − 2𝑥] × 100
𝑃2 2
𝑥 = 1200 − 2𝑥
 3𝑥 = 1200
𝑥 = 400 11. (C)
𝑃1 = 400 = 𝑃2 = 𝑃3 6 16
9.09 × 4 3𝑃 × 4 ×𝑅
𝑃× 11 = 21
9. (A) 100 100
20𝑥1 100 50 100
𝑥1 + = 1.20 𝑥1 × =× 3 × ×𝑅
100 9 11 21
60𝑥2 50 × 21 53
𝑥2 + = 1.60 𝑥2 𝑅 =× =3
100 9 × 11 × 13 99
1.20 𝑥1 = 1.60 𝑥2 12. (A)
𝑥1 = 𝑥2 Given
4 ∶3 P1 = Rs. 80,000
1200 ∶ 900 P2= Rs. 91,000
10. (A) R1 = 24%
𝑥×5×2 R2 = 20%
𝑆. 𝐼. = = 0.1𝑥 As per the question –
100
Amount received by A = x + 0.1x = 𝑃1 × 𝑅1 × 𝑇
𝑃1 +
1.1x 100
𝑥×5×2 𝑃2 × 𝑅2 × 𝑇
𝑆. 𝐼. = = 0.15𝑥 = 𝑃2 +
100 100
80000×24×𝑇
Amount received by B = x + 0.15x = ⟹ 80000 +
100
1.15x 91000×20×𝑇
𝑥×5×4 ⟹ 91000 +
100
𝑆. 𝐼. = = 0.2𝑥 ⟹ 19200𝑡 − 18200𝑡 = 91000 −
100
8000
S.I.= (x * 5 * 4)/100 = 0.2x ⟹ 1000 𝑇 = 11000
Amount received by C = x + 0.2x = ⟹ 𝑇 = 11 year
1.2x

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received by B = Amount received by • Telegram : https://t.me/mathswithpawanrao
C
1.1x = 1.15x = 1.2x
Dividing each term by 1.1, we get 1:
1.045: 1.091

13. (B)
Required ratio of the amounts
invested,
1 1 1
= ∶ ∶
10 × 6 10 × 12 15 × 12
 1 1
=1∶ ∶
2 3
=6∶3∶2
14. (D)
𝑃1 , 𝑃2 &𝑃3 simple interest is equal and
time is also equal.
Let Simple Interest (S.I.) = Rs. X
Time (T) = 1 year
𝑃1 × 𝑟 × 𝑡
𝑆. 𝐼. =
100
𝑃1 × 4 × 1
𝑥=
100
𝑃1 = 25𝑥
For 𝑃2
𝑃2 × 6 × 1
𝑥=
100
50𝑥
𝑃2 =
3
For 𝑃3
𝑃3 × 8 × 1
𝑥=
100
25𝑥
𝑃3 =
3
𝑃1 + 𝑃2 + 𝑃3 = 2600
50𝑥 25𝑥
25𝑥 + + = 2600
3 2
150𝑥 + 100𝑥 + 75𝑥
= 2600
6
325𝑥 = 2600 × 6
𝑥 = 𝑅𝑠. 48
𝑃1 = 25𝑥 = 25 × 48 = 𝑅𝑠. 1200
50𝑥 50
𝑃2 = = × 48 = 𝑅𝑠. 800
3 3
25𝑥 25
𝑃3 = = × 48 = 𝑅𝑠. 600
3 2
 SOLUTION
1. (B) According to the question,
Let total principal = Rs. 1 𝑃×6×3 𝑃×9×5
Accordingly to question- +
100 100
1 2 1 𝑃 × 13 × 3
=× 3% + × 5% + [1 − + = 8160
4 3 4 100
2 =18 P + 45 P + 39 P = 816000 =
− × 11%
3 = 102P = 81600
3 10 1
= %+ % + [ × 11%]
4 3 12 5. (D)
9 + 40 + 11 60
= %= % = 5% Suppose invested at the rate of 12%
12 12
annual simple interest Amount =? X
2. (C) Amount invested at 10% annual
Let sum was x Rs. simple interest = Rs. y
ATQ As per question,
𝑥×7×4 𝑥×5×4 𝑥 × 12 × 1 𝑦 × 10 × 1
+ = 960 + = 125
100 100 100 100
⟹ 28𝑥 + 20𝑥 = 960 × 100 6𝑥 + 5𝑦 = 6250 (i)
⟹ 48𝑥 = 960 × 100 According to the question, if the
⟹ 𝑥 = 2000 Rs. invested amount is exchanged then
Total sum =2x = 4000 Rs. 𝑥 × 10 × 1 𝑦 × 12 × 1
+ = 128
100 100
5𝑥 + 6𝑦 = 6400 − (𝑖𝑖)
3. (C) Equation (1) and (2) upon solving
Let x is the invested at 10% x = Rs. 500, y = Rs. 650
Accordingly to question- Therefore, principal amount invested
12 10 at 10% annual simple interest
500 × ×4+𝑥× × 4 = 480 = Rs. 650
100 100
2 6. (C)
⟹ 240 + 𝑥 = 480
5
2 Rs. X
⟹ 5 𝑥 = 240 Interest =
240×5 1 1 1
⟹𝑥= = 600 𝑥×
2
× 5 × 1 𝑥 × × 5 × 1 𝑥 × × 10 × 1
3 6
2 + +
100 100 100
5𝑥 8𝑥 10𝑥
+ +
For More Study Materials: 820 = 2 3 6
100
• App Link: https://bit.ly/singhkorieducationapp 30𝑥 + 32𝑥 + 20𝑥
• Telegram : https://t.me/mathswithpawanrao 820 = 12
100
4. (C)
Let the amount borrowed by Manvi = 82𝑥
820 =
Rs . P 100
 𝑥 = 𝑅𝑠. 12000
7. (B) 9. (D)
Let principal = Rs. P 8 x 7.25 = 58
𝑝×𝑟×5 6 x 8.5 = 51
2340 − 𝑝 = … (𝑖)
100 4 x 6.5 = 26
𝑝×𝑟×2
2016 − 𝑝 = … (𝑖𝑖)
100 135 ⟶ 135000
Equ. (i) ÷ (ii) 100% → 26000
𝑝×𝑟×5
2340 − 𝑝 100
= 10. (C)
2016 − 𝑝 𝑝 × 𝑟 × 2
100 The amount received from first
800+[800(53/4)×2]
2340 − 𝑝 5 investment = Rs.
= 100
2016 − 𝑝 2 = Rs. (800 + 212) = 1020
4680 – 2 p = 10080 – 5 p This amount is being invested in the
3 p = 5400 second scheme for 3 years and the
P = Rs. 1800 amount received back is Rs, 1214.40
(1012×𝑅×3)
∴ 1214.4 = 1012 +
100
8. (B) ⟹ 30.36 R = 202.4
Let sum invested @5% be P1,@6% be ⟹R= %
20
P2 then @9%= 17200 - (P1, + P₂) 3
2 2 6 ∴ The required difference
𝑃1 × 5 × = 𝑃2 × 6 × 𝑜𝑟 𝑃1 = ( ) 𝑃2
100 100 5 53 20 79
𝐴𝑙𝑠𝑜 𝑃2 × 6 ×
2
= [17200 − (𝑃1 + 𝑃2 ) × 9 ×
2 = − =
100 100 4 3 12
11
Or 2 𝑃2 = [17200 − ( ) ] × 3 𝑃2
5 11. (A)
33 Total money borrowed by Ram from
𝑂𝑟 (2 + ) 𝑃2 = 17200 × 3
5 Shyam = Rs. x = letx be 100a
5 The total interest paid by him to
𝑃2 = 17200 × 3 × = 6000
43 Shyam = 13% of 100a = 13a
6
So 𝑃1 = × 𝑃2 = 7200 Total money borrowed by ram from
5
So sum invested @ 9% =17200 - Mohan = 2x = So it becomes 200a to
(6000 + 7200 ) = 4000 Rs. Mohan 20%
The total interest paid by him to
Mohan = 26% of 200a
Total money he borrowed,
For More Study Materials: = Rs. (100a + 200a)
• App Link: https://bit.ly/singhkorieducationapp = Rs. 300a
• Telegram : https://t.me/mathswithpawanrao Total interest he paid Rs. (13a +52a)
= Rs. 65a
He then added Rsd. 82500 with the
total amount he borrowed from
 Shyam and Mohan together and lend
to Sohan at the rate of 10% simple
interest (300a + 82500) at 10% SI for 13. (C)
1 year G : R
The total interest he will receive in 6% 7%
this process = Rs. (30a + 8250) Let principal x y
According to question, ATQ,
𝑥 𝑦
The total profit he received was Rs. =
1725. 4 5
𝑥 4
So, [(30a + 8250) - 65a] = 1725 ⇒ =
𝑦 5
6525 = 35a, a = 186.4285 𝑥×6×2 𝑦×7×2
Total interest = 354 = +
100 100
So, x = 100a = 100 x 186.4285 = 4 6 × 2 14
18642.85 354 = ( × + )𝑦
Hence, option A is correct. 5 100 100
Y = 1500 and x = 1200
12. (B)
So, Total principal = x + y = 1200 +
Let the total amount = Rs. x Let the
1500 = Rs. 2700
first amount = Rs. y
Then the remaining amount = Rs. (x -
14. (B)
y)
Let the rate of interest = R%
According to the question,
𝑌 𝑥−𝑦 Interest on Rs. 1200 for 1yr
= ⇒ 5𝑦 = 4𝑥 − 4𝑦 1200 × 𝑅 × 1
4 5 = = 12𝑅
⇒ 9y = 4x …….(i) 100
𝑅𝑠.×𝑟𝑎𝑡𝑒×𝑡𝑖𝑚𝑒 Interest on 1800 rupee for 8 months
Simple interest = [Rate = 2R%]
100
⇒
𝑦×10×2
+
(𝑥−𝑦)×12×2
= 2500 1800 × 2𝑅 × 8
100 100 = = 24𝑅
⇒ 20𝑦 + 24𝑥 − 24𝑦 = 250000 100 × 12
Total Interest = 216 = 12R + 24R
⇒ 24𝑥 − 4𝑦 = 250000 216
⇒ 6 x 4x – 4y = 250000 ⇒𝑅= = 6%
36
⇒ 6 x 9y – 4y = 250000
⇒ 𝑦 = 𝑅𝑠. 5000 15. (C)
∴ 4x = 9y (From Sect. (1)) Let amount invested at 5% interest is
Now from equation (i) - x and at 90% interest is y
9
Desired amount 𝑥 = x 5000 2 4
4 𝑥× =𝑦×
𝑥 = 9 × 1250 = 𝑅𝑠. 11250 3 5
6
⇒𝑥= 𝑦 …..(i)
5
For More Study Materials: Interest after two year …… (ii)
5 9
• App Link: https://bit.ly/singhkorieducationapp 𝑥× ×2+𝑦× × 2 = 2070
100 100
• Telegram : https://t.me/mathswithpawanrao ⇒ +
𝑥 18𝑦
= 2070
10 100
By eq. (i)
30
𝑦 = 2070
100
 ⇒ 𝑦 = 6900
Now total invested money
6
= × 6900 + 6900 = 15180
5
16. (D)
Let the person invested amounts x and
y into two different rates of interest.
𝑥×12×1 𝑦×10×1
∴ + = 100
100 100
𝑃×𝑟×𝑡
[∴ 𝑆𝐼 = ]
100
⇒ 12𝑥 + 10𝑦 = 13000 ….(i)
𝑦×12×1 𝑥×10×1
And + = 134
100 100
⇒ 12𝑦 + 10𝑥 = 13400 ….(ii)
On solving Eq (i) and (ii) we get
x = Rs. 2500 and y = Rs. 700
 SOLUTION
1. (B) 3. (D)
15 years, compound amount = Rs. P 1
× 𝑃 = 100
Simple interest = compound amount – 3
Principal = 3P - P = 2P R = 4%
According to the question 𝑃×4×𝑇
𝑃×𝑅×𝑇 𝑃=
100
𝑆𝐼 = T = 25 years
100
𝑃 × 𝑅 × 15
2𝑃 =
100 4. (B)
40
𝑅= % Consider amount = Rs. P
3 Rate = 28.75%
Again
𝑃×𝑅×𝑇 Interest = Rs. P
𝑆𝐼 × 𝑃×𝑅×𝑇
100 Interest =
100
40 𝑇
4P = 𝑃 × × 𝑃 × 28.75 × 7
100 100 𝑃=
T = 30 Year 100
10000
𝑇= = 3.47 𝑦𝑒𝑎𝑟
2. (C) 2875
Let principal (P) = Rs. 100 5. (D)
5 100
Time = T years (5 19 − 1) × 4 ( 19 − 1) × 4
Rate (r)% = 6% p .a. 𝑇2 = =
15 100
On increasing the price by 50% (5 17 − 1) ( 17 − 1)
SI = Rs. 50 81 × 17 × 4 5508 777
𝑃×𝑅×𝑇 = =3
𝑆𝐼 = 83 × 19 1577 1577
100 6. (C)
100 × 6 × 𝑇 Simple interest =
𝑃×𝑅×𝑇
50 = 100
100 According to the question, rate = time
25
=𝑇 9 × 100 𝑃 × 𝑇 × 𝑇
3 =
1 4 100
Or, 𝑇 = 8 years 9×100
3 = Time x Time
4
Time = √9 × 25
= 15 𝑦𝑒𝑎𝑟𝑠
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7. (A)
6
Simple Interest = 8750 × = 2100
25
8750 × 𝑛 × 8 11. (B)
= 2100 Using rule 1
100 SI = Rs (7200-6000) = Rs. 1200
210000 𝑃𝑅𝑇
𝑛= ∴ 𝑆𝐼 =
8750 × 8 100
𝑛 = 3 𝑦𝑒𝑎𝑟𝑠 6000×𝑅×4
⟹ 1200 =
100
8. (B) 1200×100
Let principal = Rs. P, Time = 2x, Rate ⟹𝑅= = 5%
6000×4
= x? New rate for R = 5 x 1.5 = 7.5%
112.5 6000×7.5×5
Simple Interest = ×𝑃 Then, SI = = 2250 Rs.
100 100
𝑃×𝑅×𝑇 ∴ Amount = Rs. (6000+2250)
Simple Interest =
100
112.5 𝑃 × 2𝑥 × 𝑥 = Rs. 8250
×𝑃 =
100 100 12. (B)
111.5 = 2𝑥 2
Principal = Rs. x
𝑥 2 = 56.25
1 Interest Rs. x
𝑥 = 7.5 = 7 Times 6 years
2 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡×100
1 ∴ 𝑅𝑎𝑡𝑒 =
Hence, rate 7 % and time 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙×𝑇
2 𝑥×100 50
1 𝑥= = % per annum.
= 2 × 7 = 15 𝑦𝑒𝑎𝑟 𝑥×6 3
2 Case II.
𝑥×12×50
Interest = = 𝑅𝑠. 2𝑥
100×3
9. (A) I.e., Amount is thrice the principal
1 25
8.33 = 8 =
3 3
2 20
6.66 = 6 =
3 3
20 25 5 × 𝑅
= ×
3 3 100
𝑅 = 16%
10. (C)
Given,
25
𝑅=𝑁×
4
9 𝑃𝑅𝑇 𝑃𝑅𝑇
∴ 𝑃= [𝑆. 𝐿. = ]
16 100 100
9 𝑃×𝑁×𝑁 25
⟹ 𝑃= ×
16 100 4
⟹N=3
25 75 3
⟹ 𝑅 = × 3 = = 18
4 4 4
 SOLUTION
1. (C) 4. (D)
SI = 11 – 10 = 1
Principal
= 10+9+8+7+6+5+4+3+2+1= 55
𝑃×𝑅×𝑇
𝑆𝐼 =
100
55×𝑅×1
∴ 1= 4th installment
100×12
= 240 + (960 x 24% - 240 x 36%)
100 × 12 = 240 + [240 x 60%]
𝑅= = 240 + 240 x
60
55 100
240 9 = 240 + 144 = Rs. 384
𝑅= = 21 5
11 11

2. (D) 5. (C)
I 𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡 2 II 2𝑥 Amount borrowed = Rs. 42000
= , = Amount returned in two years Rs.
II 𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡 2𝑥 III 3𝑥
ISt →x 47040
IInd →x So the amount returned in each month
47040
IIIrd →x is = = 𝑅𝑠. 1960
1 1 24
6𝑥 − 16000 = 16000 × + (16000 − 𝑥)
10 10
1 6. (A)
+ (16000 − 2𝑥)
10 Given-
⟹ 60𝑥 − 16000 = 16000 + R = 10%
16000 − 𝑥 + 16000 − 3𝑥 T = 5 Year
⟹ 64x = 208000 A = Rs. 9000
⟹ x = 3250 100 𝐴
∴ Instalment = 𝑅𝑇∗𝑇−1)
IInd installment = 2 = 2𝑥 x 3250 100𝑇+
2
= 6500 100 × 9600
=
10 × 5 × 4
3. (A) 100 × 5 +
2
100 × 9600 100 × 9600
= =
1500 + 100 600
For More Study Materials: = Rs. 1600
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 Let us find a and d, for 30
7. (D) installments.
30
Cash Rs. 10000 Pay Rs. 2000 𝑆30 = [2𝑎 + (30 − 1)𝑑]
Rs. 1000 x 9 =9000 2
2400 = 15[2𝑎 + (29)𝑑]
= 11000
Interest = Rs. 11000 - 10000 = 1000
𝑅 1 2400
1000 = 8000 × × × 7000 × = 2𝑎 + 29𝑑
100 12 15
𝑅 1 𝑅 1
× … . .1000 × × 160 = 2𝑎 + 29𝑑
100 12 100 12
𝑅 160 − 29𝑑
1000 = [8 + 7 + 6 … + 1]1000 𝑎= … (𝑖)
1200 2
𝑅 𝑎+1 Similarly, we find a and d for 40
= × [( ) × 𝑁] 1000 installment.
1200 2
𝑅 1+8 40
1000 = [( ) × 84] 1000 𝑆40 = [2𝑎 + (39)𝑑]
1200 2 2
1200 × 1000 2400
=𝑅 = 2𝑎 + 29𝑑
36 × 1000 15
100 1 160 = 2𝑎 + 29𝑑
𝑅= = 33 % 160 − 29𝑑
3 3 𝑎= … (𝑖)
2
8. (B) Similarly, we find a and d for 40
19200 – 4800 = 14400 installment.
Amount = p + int = 40
12×5 𝑆40 = [2𝑎 + (39)𝑑]
14400 + 14400 x = 15120 2
1200 3600
15120 = 5𝑥 + 𝑥 × 12 ×× (4 + 3 + = 2𝑎 + 39𝑑
2 + 1)/1200 20
180 − 39𝑑
= 51𝑥/10 𝑎=
151200 2
15120𝑥 = = 2964.7/− subtracting (1) from (2), we get
51 180 − 39𝑑 160 − 29𝑑
𝑎−𝑎 =( )−( )
2 2
9. (C) 180 − 39𝑑 − 160 − 29𝑑
𝑂= . . (𝑖𝑖)
The amount he paid in 30 installments 2
2 𝑂 = 20 − 10 𝑑
= (3600) Further solving for d
3
= 2 (1200) 10𝑑 = 20
= 2400 20
Let us take the first installment as a 𝑑=
10
and common difference as d. 𝑑 = 2 𝑡ℎ𝑒 𝑣𝑎𝑙𝑢𝑒
So, using the formula for the sum of n Subtracting the value of d in (1), we
terms of an A.p, get,
𝑛 160 − 29(2)
𝑆𝑛 = [2𝑎 + (𝑛 − 1)𝑑] 𝑎=
2 2
 160 − 58 will be calculated that will be given as
= the last installment to clear the debt.
2
102 Now, interest for the 1st year
= = 51 𝑅𝑠. 100000×1×10
2 = 10% of 1,00,000 =
100
= 10,000
10. (A)
Given that,
12. (C)
⟹ Principal Rs. 20000
Always remember, in the case of
⟹ Rate 20% per annum.
simple interest, installment amount
⟹ Time = 4 years.
will always be reduced from principal
So.
20000×20×4 and the interest will be calculated on
⟹Simple interest = the remaining principal. Now,
100
= Rs. 16000. principal left after the payment of the
above installments = 1,00,000 (10,000
As, we have given that, he pays + 20,000 + 30,000 + 40,000) 1,00,000
interest every year on principal only. - 1,00,000 = 0
which is same every year. This means there is no principal
So, he has to pay Rs. 16000 as a remains to be paid, only the interest
interest for 4 years. will be calculated that will be given as
Therefore, the last installment to clear the debt.
⟹ Total amount paid = Principal + Now, interest for the 1st year
Simple interest 100000×1×10
= 10% of 1,00,000 =
100
⟹ Amount = 20000 + 16000
= 10,000
⟹ Amount = Rs. 36000
Interest for the 2nd year = 10% of
Hence,
(1,00,000 - amount of first
⟹ Value Value of each equal
36000 installment)
installment = = 10% of (1,00,000 -10,000)
4
⟹ Each installment Rs.9000 90000 × 1 × 10
= 9000
100
Interest for the 3rd year = 10% of
11. (C) (90,000 - amount of second
Always remember, in the case of installment)
simple interest, installment amount = 10% of (90,000-20,000)
will always be reduced from principal 19200 – 4800 = 14400
and the interest will be calculated on Amount = p + int =
the remaining principal. Now, 12×5
principal left after the payment of the 14400 + 14400 x = 15120
1200
above installments = 1,00,000 (10,000 15120 = 5𝑥 + 𝑥 × 12 ×× (4 + 3 +
+ 20,000 + 30,000 + 40,000) 1,00,000 2 + 1)/1200
- 1,00,000 = 0 = 51𝑥/10
This means there is no principal 151200
15120𝑥 = = 2964.7/−
remains to be paid, only the interest 51
 Total sum or principal = 600 + 500 +
12. (D) 400 + 300 + 200 +100 - 2100
When it's a monthly installment it's Amount Principal + interest 600 +100
better to find the one month -700 (for one month)
equivalent principal. Rate 100 x Interest/ Principal × time
Now the principal got as loan = MRP Rate = (100 x 100)/(2100 x 1/12) =
- Cash Down 400/7 % =
Payment = 39,000- 17,000 = 22,000. Hence, option (b)
Obviously the principal for the first
month will be Rs 22,000, for the 14. (B)
second month 17,200, for the third CP = Rs. 6,50,000
month Rs 12,400, and so on; as the Let x be the down payment
monthly installment is of Rs 4,800. Remaining amount Rs. (6,50,000 - x)
Thus the one month equivalent sum = 11
22,000 + 17,200 + 12,400 + 7,600 + (650000 − 𝑥) × = 𝑅𝑠. 5,00000
10
2,800 = 62,000 2150000
As this sum of Rs 22,000 has to be 𝑥=
11
paid in 5 monthly installments of Rs 15. (C)
4,800 each, the amount (principal + Principal for first year = 50,000
interest) will be Rs 24,000 and the Simple interest for the first year
interest to be paid = 24,000 - 22,000 = 𝑃×𝑅×𝑇
2,000 =
100
Now the principal (equivalent to one 50000 × 22.5 × 1
month) = = 11250
100
= 62,000; interest = 2,000 Remaining amount after first
time = 1 month = 1/12 years (as the installment is paid
principal has been converted = 50000 - 20000 = 30,000
equivalent to one month) Principal for second year = 30,000
So rate = (100 x 2,000)/(62,000 x1/12) Simple interest for the second year
(Rate = 100 interest/Principal × Time) 𝑃×𝑅×𝑇
⟹ 2,00,000 12/62,000 =
100
⟹1,200/31- 38.71 (option 'D') 30000 × 22.5 × 1
= = 6750
100
13. (B) Amount after second installment is
As the amount has to be paid in 6 paid
equal installments, the payment on = 30,000 - 30,000 = 0
principal to be made will end on the Amount which has to pay in third year
completion of 6 months. He will have by Ram = Total simple interest in two
600
to pay ( − 𝑅𝑠. 100per month) years
6
= 11,250 + 6,750
Principal for the first month will be
= 18,000
600, for second month = 500, for third
∴ Amount which has to pay in third
month = 400 and so on.
year by Ram = 18,000
 SOLUTION
1. (C) 4. (D)
16 1
Effective Rate for 2 years Rate = 5.88 % = 5 % =
17 17

13 × 13 (17)3 … … … … … (18)3
= 13 + 13 +
100 4913 … … … … … 5832
= 26 + 1.69 = 27.69%
919
919
Effective Rate = × 100 =
4913
2. (C)
18.70%
2 1
Rate = 14.28% = 14 % = 5. (B)
7 7

(7)2 … … … … … (8)2 Effective Rate = 11 + 11 +

11×11
100
49 … … … … … 64
= 22 + 1.21 = 23.21%
15
Effective Rate = × 100 = 30.61% 6. (C)
49

Rate 22.22%
3. (A) Half yearly rate = 11.11 % = 11 % =
1
9
Effective Rate for 3 years 1
%
9
1
10% = (9)3 … … … … … (10)3
10
10 11 81 … … … … … 100
19
10 11 Effective Rate = × 100 = 23.45%
81

10 11
1000 1331
Effective Rate for 3 years For More Study Materials:

=
331
× 100 = 33.1% • App Link: https://bit.ly/singhkorieducationapp
1000
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 7. (D) 10. (A)
15 15
Rate = 7%, Time = 1 year 15 15 ×
2 2
Effective rate = + +
7 2 2 100
Half yearly rate = %, time = 2 half
2 = 15.5625%.
years 11. (B)
7 7
7 7 ×
Effective Rate = + + 2 2
= 7.12% Rate = 4 % T = 2 yrs 4 months
2 2 100
Effective rate for 2 years = 8.16
8
8. (C) Rate for 4 months = × 4 = 2.6%
12

R = 7%, T = 3 years Effective rate of interest

7% 7% 7% 8.16 × 2.6
= 8.16 + 2.6 + = 11%
4m 4m 4m 100
12. (A)
7×7
7+7+ = 14.49 1
100 Rate = 5%, T = 2
7 × 14.49 2
14.49 + 7 +
100 𝑅𝑒𝑓𝑓2 = 10.25
= 21.49 + 1.0143 = 22.5043
Amount = 7700 + 5000 = 12700 10.25 × 2.5
𝑅𝑒𝑓𝑓1 == 10.25 + 2.5 +
2 100
9. (C)
= 13%
12
Rate at half yearly 𝑅 = = 6% 13. (A)
2

Amount rate so that resultant will be Let the principal be 100

𝑅×𝑅 Given rate = 10% and time = 6 months
same = 𝑅 + 𝑅 +
100 100×10×6
∴ SI = = 5 Rs.
10×12
6×6
=6+6+ = 12.36% Now, after six months new principal =
100 Rs. 100 + Rs. 105
105×10×6
SI = = 5.25 Rs.
10×12
∵ Total amount =105+ 5.25 = 110.25
For More Study Materials: ∴ Required rate = 110.25 − 100 =
10.25%
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•
 SOLUTION
1. (B) 11700 × 25
𝑃= = 7500 𝑅𝑠.
39
Given
𝑟 𝑛 3. (A)
𝐴 = 𝑃 (1 + )
100
Given
A = Amount
1 1
P = Rs. 20,000, T = 1 year, R = 8 %
P = Principal 4 2
yearly compound amount
T = Time
𝑅 𝑡 𝑅 1
R = Rate = 𝑃 (1 + ) (1 + × )
100 100 4
10 2
⟹ 10164 = 𝑃 (1 + ) 17 17 1
100 = 20000 (1 + ) (1 + × )
200 200 4
11 11
⟹ 10164 = 𝑃 × × 217 817 177289
10 10
= 20000 ( )( )=
10164×100 200 800 8
⟹ 𝑃 =× = 8400 Rs.
121
= 22161.25
2. (D)
So, Compound interest
From the question, let principal = Rs. P
= 22161.125 − 20000
𝑅 𝑡
Compound interest = [𝑃 (1 + ) ]− = 2161.125 = 𝑅𝑠. 2161
100
𝑃 4. (B)
2
60 𝑝 T = 1 year + 146 days 146 days = yr
5
11700 = [𝑃 (1 + ) ]−𝑃 2
100 T = 1 𝑦𝑟.
5

8 𝑡2 P = Rs. 1960
1
11700 = [𝑃 ( ) ] − 𝑃 R = 14.28% =
5 7
C.I. = 1st yr → 280
64𝑃 IInd yr → 280 + 40
11700 = −𝑃
25 ↓
64𝑃 = 25𝑃 2
11700 = × 320 ×= 64 × 2 = 128
25 5
Total C.I. = 280 + 128 = 408 Rs.
 5. (D) 7. (C)
Rs. 10000 R = 5% T = 1 yr. 1 day 7.5 3
Required interest = 64000 [(1 + ) − 1]
100
1
[∵ 1 𝑑𝑎𝑦 = 𝑦𝑟] 3 3
365 = 64000 [(1 + ) − 1]
40
1st yr = 500
(43)3 − (40)3
2nd yr = 500 + 25 = 64000 [ ]
64000
525
So, = 1.43
365 = 79507 − 64000 = 15,507/−
So, 500 + 1.43 = 501. 43 Rs.

8. (A)
6. (C)
𝑅 𝑡
Given 𝐴 = 𝑃 (1 + 100) , Interest (𝐶1 ) = 𝐴 − 𝑃
8 2 Given
𝑃 = 4500, 𝑇 = (2 + 12) = (2 + 3) year
1
∵ Compound Amount P = 100000, Rate = 20%, Time = 3 yr
4

𝑟 𝑡 𝑟𝑡 20 3
= 𝑃 (1 + ) (1 + ) 𝐴 = 100000 (1 + )
100 100 100

2 216
12 2 × 12 = 10000 × = 172800 𝑅𝑠.
125
= 4500 (1 + ) (1 + 3 )
100 100 1 𝑃×𝑅×𝑇
Interest of year =
4 100
112 112 108 172800 × 20 × 1
4500 × × × = 6096.39 = = 8640
100 100 100 100 × 4
= 21.49 + 1.0143 = 22.5043 Rs = 181440
Compound Interest = A – P
= 181440 – 100000 = Rs. 81440
For More Study Materials:
9. (B)
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A = P + Interest
= 𝑥 + 85966
 𝑟 𝑛
∵ 𝐴 = 𝑃 (1 + ) 12. (A)
100
Rs = P
7 3
𝑥 + 85966 = 𝑥 (1 + ) ATQ,
100
5 6 8
𝑥 + 85966 = 𝑥 (1.07)3 30051 = 𝑃 (1 + ) (1 + ) (1 + )
100 100 100
𝑥 + 85966 = 1.225043𝑥 21 52 27
30051 = 𝑃 × × ×
0.225043𝑥 = 85966 20 50 25
30051 × 20 × 50 × 25
85966 𝑃=
𝑥= 21 × 53 × 27
0.225043
𝑃 = 𝑅𝑠. 25000
𝑥 = 381998.107, 𝑥 = 𝑅𝑠. 382000
13. (A)
10. (A)
ATQ,
𝑅𝑒𝑓𝑓. For 4 years CI = 46.41% 3
3993 100 + 𝑥
46.41 =( )
So, CI = 4000 × = 𝑅𝑠. 1856.4 3000 100
100
11 3 100+𝑥 3 11 100+𝑥
11. (C) ⟹ (10) = ( 100
) ⟹ 10 = ( 100
)

Suppose N. S. The amount invested in C ⟹ 110 = 100 + 𝑥

(NSC) is Rs. x. So PPF The investment
amount in (PPF) will be Rs. (10000 - x). ⟹ 𝑥 = 10%
Total amount = Rs 10000 + 2726 = Rs 14. (A)
12726. According to Question,
Let the time = t
14 2
12726 = 𝑥𝑃 (1 + ) + (10000
100 ATQ,
11 2
− 𝑥) × (1 +
100
) 5 𝑡 9261
(1 + ) =
114 × 114 111 × 111 100 8000
12726 = 𝑥 × + 10000 ×
100 × 100 100 × 100 21 𝑡 21 3
111 × 111 ⟹ (20) = (20)
−𝑥×
100 × 100

⟹ 12726 x 10000 = 12996 x + 12321 x ⟹ t = 3 years

10000 – 12321x
⟹ 12726 x 10000 = 12321 x 10000) =
12996x – 12321 x 10000 (405) = 675x For More Study Materials:
4050000
𝑥=
675
= 𝑅𝑠. 6000 • App Link: https://bit.ly/singhkorieducationapp
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 15. (D)
17. (C)
= 15.7625%
Reff for 5% Rate is for 3 years
So T = 3 years

18. (C)

Required amount = 10000 [1 +

2 10 12
As there is only part of 3rd year. So ] [1 + ]
5 100 100
2
C.I. for 3rd year is 2420 x = 968 Rs.
5 110 112
Total compound interest = 4200 + 968 = 10000 × × = 𝑅𝑠. 12,320
100 100
= Rs. 5168
Amount = 20000 + 5168 = 25168Rs.
19. (C)
16. (B)
104 105 106
Given, 𝑃× × × = 4630.08
100 100 100
Rate R = 5%
𝑃 = 4000
Time T = 3 years
20. (B)
Amount A = 92610
P = Rs. 10000
Prinicpal P=?
R1 = 4%, R2 = 5%, R3 = 6%
𝑡
𝑅
𝐴 = (1 + ) CI = P
100
𝑅1 𝑅2 𝑅3
92610 = 𝑃 [(1 + ) (1 + ) (1 + ) − 1]
100 100 100
𝑅 3 4 5
𝑃= ( ) = 10000 [(1 + ) (1 + ) (1
20 100 100
92610 × 20 × 20 × 20 6
𝑃= + ) − 1]
21 × 21 × 21 100
= 10 × 20 × 20 104 105 106
= 10000 [ × × − 1]
100 100 100
𝑃 = 80,000 𝑅𝑠.
1157520 − 1000000
For More Study Materials: = 10000 [ ]
1000000
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157520
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1000000
 From option (d) Rs.48000, for n = 1
year, 15% interest rate, 6
21. (B)
Let A→ 𝑥 ↓
According to month P – 48000 n = 2 r
B→ (20609-x) = 15/2
Hence the value of option (d) will not
According to the question,
be equal to the value of the question.
3 7 3 9
𝑥 (1 + ) = (20609 − 𝑥) × (1 + )
100 100

3 2
𝑥 = (20609 − 𝑥) × (1 + )
100
103 103 103 100
𝑥 = 20609 × × − × ×𝑥
100 100 100 100 For More Study Materials:
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103 2 103 2
𝑥+𝑥×( ) = 20609 × ( ) • Telegram : https://t.me/mathswithpawanrao
100 100
(10609 + 10000) 10609
= 20609 ×
10000 10000
𝐴 = 𝑥 = 10609
𝐵 = 20609 − 10609 − 𝑅𝑠. 10000
22. (D)
Q. A = Rs. 48000, N = 3 years, 1 = 5%
interest rate
↓
1
From option (a) P- Rs. 48,000 for 1
2
year, 10% interest rate, for 6 months P-
48000.1 = 3, r = 5%
From option (b)- Rs.48.000, n = 1 year,
15% interest rate, for 4 months
↓
According to P - 48000, n = 3 r = 5%
From option (c)- Rs. 48,000, 1 = 20%
rate for 9 months 3
↓
By month P – 48000 n = 3 r = 5%
 SOLUTION
1. (A) 3. (C)
Let rate = 2R % P = Rs. 8000
When interest compounded half R = 20% per yr
yearly = 10% half yr
Rate = 2R→ R% Effecitve rate = 21%
3 21
Time year → 3years C.I.= 8000 × = 1680
2 100
Accordingly to question- 4 (D)
2315.25 𝑅 3 Rate = 12%
= [1 + ] 36 Months 5%
2000 100 3
231525 𝑅 3 5
⇒ = [1 + ] C.I.= 32000 × [1 + ] = 37044
200000 100 100
9261 𝑅 3 5. (C)
⇒ = [1 + ] P = 10000
8000 100
21 3 𝑅 3
R = 20% = 10%
⇒ [ ] = [1 + ]
20 100 CI = 4641
21 𝑅
⇒ −1= ⇒ 𝑅 = 5% 𝑅 𝑇
20 100
So, 2R = 10% 𝐴 = 𝑃 [1 + ]
100
14641 10 𝑇
2. (A) = [1 + ]
10000 100
∵ Interest payable half yearly 11 4 11 𝑇
10
So, Rate = = 5%; [ ] =[ ]
2 10 10
Time = 2T years 𝑇=4
𝑅 𝑇 6. (A)
Amount = Principal × [1 + ]
100 P = 6500
92610 5 2𝑇
⇒ = [1 + ] R = 10% = 5%
80000 100 T=2=4
21 3 105 2𝑇
⇒ [ ] =[ ] 105 105 105 105
20 100 𝐴 = 6500 × × × ×
21 3 21 2𝑇 100 100 100 100
⇒ [ ] =[ ] A = 7900
20 20
⇒ 2T = 3 yrs.
3 1
⇒ 𝑇 = = 1 yrs.
2 2

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7. (B) 10. (A)
P = 10200 Interest payable quarterly
R = 8% = 4% 10 5
𝑅= = %
1 4 2
𝑇 = 1 = 3 year Time = 4T
2
4 3 Amount = Principal x [1 +
𝑅 4𝑇
]
𝐴 = 10200 [1 + ] 100
100 4𝑇
104 104 104 102.5
= 10200 × × × = 3362 = 3200 [ ]
100 100 100 100
= 11473.61 3362 41 4𝑇
= =[ ]
3200 40
8. (D) 1681 41 4𝑇
= =[ ]
Rate = 12% 1600 40
2
Annually = 8% (8-monthly) 41 41 4𝑇
1 =[ ] =[ ]
𝑇 = 1 year = 16 months = 2 (8- 40 40
3
= 4 T = 2 yrs.
monthly) 2 1
Compound interest = T = = yrs.
4 2
𝑅 𝑇
= 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 [1 + ] −𝑃 11. (D)
100
8 2 𝑅 → 6% 𝑇 → 3 yr
= 37500 [1 + ] − 37500 eff. Rate→
19.1016
= 𝑅𝑠. 1.604.50
100 100
12. (B)
108 108 Rate = 2.5%
= 37500 × × − 37500 2400×2.5
100 100 First half year= = 61.50
= 43740 – 37500 100
Compound interst = Rs. 6240 Total interest = 60 + 61.5 + 60 =
151.5
A = 4800 + 181.5 = 4981.50
9. (A)
P = Rs. 8192
1 12 For More Study Materials:
𝑇 = 1 year = 12 + = 15 months
4 4
R = 15 • App Link:
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15 5 25% https://bit.ly/singhkorieducationapp
𝑅=
12
× 5 = × 5% =
4 4 • Telegram :
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= × =
4 100 16
T = 3 year
C.I. Ist 512
IInd 512 32
IIIrd 512 32 32 2
Total C.I. = 1536+64+34 = 1634
 13. (A) 16. (A)
A = 4981.5 On 8 monthly compound interest
P = 10000 2
𝑟 = 15 × = 10%
R = 12% = 3% 3
T = 9 = 9 x 3 = 36 = 3 yrs. A = 98494
3 3 n=3
𝐴 = 1000 [1 + ] 𝑟 3
100 𝐴 = 𝑃 [1 + ]
103 103 103 100
𝐴 = 1000 × × × 10 3
100 100 100 98194 = 𝑃 [1 + ]
A = 10927.27 100
CI = A – P
= 10927.27 – 10000 𝑃 = 74000
= 927.27 Again, annual compound interest
14. (D) P = 74000, r = 15%, n = 2
P = Rs. 8000 15 2
Compound unterest rate r = 6.5% 𝐴 = 74000 [1 + ]
100
monthly 23 2
Time n = 18 months 𝐴 = 74000 [ ]
𝑟 𝑛 20
∴ 𝐴 = 𝑃 [1 + ] , where A =
100
Amount 𝐴 = 𝑅𝑠. 97865
13 18 Hence amount payable = Rs. 97865
𝐴 = 8000 [1 + ] 17. (C)
2400
= 8000 (1.0051)2 P = 800, T = 3/2 years, R = 20%
6 11
= 8816.97 𝐴 = 8000 × × = 10560
15. (C) 5 10
C.I. = Rs. 2560
R = 20%, 20%, 10%, 10% 18. (D)
𝐴 𝑅 𝑇
44% 21% = [1 + ]
144 𝑃 100
1000 × = 14400 Interest is compounded on half yearly
100
121 basis.
14400 × = 17424 Half yearly interest rate = 10/2 = 5%
100 2𝑇
C.I. = 17424 – 10000 = 7424 9261 5
= [1 + ]
8000 100
For More Study Materials: 21 3 21 2𝑇
[ ] =[ ]
20 20
• App Link: ∴𝑇=
3
2
https://bit.ly/singhkorieducationapp 6 11
• Telegram : 𝐴 = 8000 × × = 960 × 11
5 10
https://t.me/mathswithpawanrao = 10560
C.I. = 10560 – 800 = Rs. 2560
 19. (B) 20. (B)
2 ∶ 3 ⟹ 2 𝑥 & 3𝑥 I. R = 24% ⇒ 8%
𝑃1 = 2𝑥 T = 1 x 3 ⇒ 3 year
1 8 3
𝑃1 = 1 𝑦𝑒𝑎𝑟 𝐴 = 𝑃 [(1 + ) ]
2 100
𝑅1 = 20% = 10%
10 3 108 3 27 3
𝐶𝐼1 = 𝑃1 [(1 + ) − 1] = 𝑃( ) = 𝑃( )
100 100 25
11 3 = 1.2597 𝑃
= 2𝑥 [( ) − 1]
10 II. R = 24% = 12%
T = 2 year
1331
= 2𝑥 × 112 2
1000 𝐴 = 𝑃( )
100
10 3
𝐶𝐼2 = 3𝑥 [(1 + ) − 1] 112 2
100 =( ) = 1.0819 𝑃
25
10 3/2 III.
= 2𝑥 [(1 + ) − 1] 124
100
𝐴 = 𝑃( ) = 1.24 𝑃
11 21 100
= 3𝑥 [ × − 1] III.
10 20 𝑃 × 24 × 1
𝑆𝐼 = = 0.24 𝑃
31 100
= 3𝑥 [ ]
200
𝐶𝐼1 + 𝐶𝐼2 = 13524
331 31
2𝑥 × + 3𝑥 × = 13524
1000 200
662𝑥 93𝑥
+ = 13524
1000 200
1127𝑥
+= 13524
1000
⇒ 𝑥 = 12000
2𝑥 = 2400
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 SOLUTION
1. (C)
For annualy 1 year CI % = 8 4. (A)
For half yearly 1 year CI % = 4% P = Rs. 2.04
So 2 year CI % = 8.16 R = 10%
0.16 T=2
CI-SI = 12500 × = 20
100 Then,
2. (C) 11 11
8×4 𝐴 = 200 × ×
Half yearly 8% + 4% + %→ 10 10
100
12.32% A = 2 x 121 = 242
Q.T. 0.4%, 4%, 4%,→ 12.4864% CI = A - 2
0.1664 = 242 -200
Diff. → 0.1664%→ × 15000 →
100 CI = Rs. 42
Rs. 24.96 If rate of InterestR = 20% then
3. (B) 20 2
= 𝐴 = 200 × (1 + )
P = Rs. 5000 100
R = 4% = 𝐴 = 𝑅𝑠. 288
1
T = 1 year CI = 288 – 200 = Rs. 88
2 Add. Interest = 88 – 42 = Rs. 46
Annual compound interest = A – P
𝑟 𝑛
=𝑃 + (1 ) −𝑃 5 (C)
100 Principal = P
4 4 1
= 5000 (1 + ) (1 + × ) Amount after 2 year = Q
100 100 2 Rate = R%
− 5000 𝑅
= 5303 − 5000 Calculated half yearly effective rate
2
= 304 Effective time = 4 yr
𝑅 4
Half yearly compound interest So, 𝑄 = 𝑃 (1 + ) … (1)
R = 4 = Half yearly 200
1 Principal = P Amount = Q T= 2 yr
T = 1 Year = 3 Half yearly Rate = S%
2
CI = A – P 𝑆 2
102 102 102 𝑄 = 𝑃 (1 + ) … (2)
100
5000 × × × − 5000 Eq, (1) = (2)
100 100 100
4 2
= 5304.04 - 5000 𝑅 𝑆
⟹ 𝑃 (1 + ) = 𝑃 (1 + )
= Rs. 306.04 200 100
𝑅 4 𝑆 2
Differences compound interests = = ⟹ (1 + ) = (1 + )
200 100
306.04 - 304 = Rs. 2.04
take root both side
For More Study Materials:
𝑅 2 𝑆
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200 100
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 [200 + 𝑅]2 (100 + 𝑠)
=
40000 100 9. (D)
⟹ 𝑅2 + 40000 + 400𝑅
= 40000 + 400𝑆 A : B
3 : 5
⟹ 𝑅2 + 400𝑅 = 400𝑆 1
Compairing both sides T : 1
2
So, R < S 𝐴 ⟹ R = 20%
6. (C) 11 3 11 21
3𝑥 [( ) − 1] − 5𝑥 [ × − 1]
5 5 5⁄2 × 5⁄2 10 10 21
𝑅𝑒𝑓𝑓 = + +
2 2 100 = 152.60
= 5.0625% 331 231
4000×5.0625 3𝑥 ( ) − 5𝑥 [ − 1]
So Interest = 1000 200
100
= 𝑅𝑠. 202.50 = 152.60
993𝑥 115𝑥
𝑅𝑒𝑓𝑓 = 46.41% ⟹ − = 152.60
1000 200
46.41 218𝑥
So Interest = 2000 × = 928.20 ⟹ = 152.60
100 1000
So, Total Interest = 928.20 – 202.50 𝑥 = 700
= Rs. 725.7 5𝑥 = 3500
7. (D) 10. (B)
Eff. rate for 4 year of 10% = 46.41% 10 4 20 2
𝑃 [(1 + ) − 1] − 𝑃 [(1 + ) − 1]
and eff. rate for 2 years of 10% = 21% 100 100
ATQ, (46.41 - 21)% = 5082 = 1205
4
⟹ 25.41 → 5082 11 36
508200 𝑃 [( ) − 1] − 𝑃 [ − 1] = 1205
1→ = 200 10 25
2541 4641 11
𝑃−𝑃 = 12.5
10000 25
8. (D) 241
𝑃 = 1205
R = 20% 10000
1 P = 50000
T=1 11 2
2
𝐴 = 50000 ( )
Annually 10
1 124
20 12 10 3 50000 × = 60500
𝑃 [(1 + ) − 1] + 𝑃 [(1 + ) − 1] 100
100 100
= 1716
6 11 11 3
𝑃[ × − 1] + 𝑃 [( ) − 1] = 1716
5 10 10 For More Study Materials:
66 1331
𝑃 [ − 1] + 𝑃 [ − 1] = 1716
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50 1000
16 331 • Telegram : https://t.me/mathswithpawanrao
𝑃[ ]+𝑃[ ] = 1716
50 1000
−320 + 331
𝑃[ ] = 1716
1000
11
× 𝑃 = 1716
100
P = 15600
 4641 11
𝑥 = 16000 [ ] − 16000 [ ]
11. (A) 10000 25
4641 11
P = 200 𝑥 = 16000 [ − ]
Rate = 10% 10000 25
4641 − 4400
Time = 1 year 𝑥 = 16000 [ ]
10000
Compound of first scheme 241
10 × 1 𝑥 = 16000 ×
10000
= 200 (1 + ) 3856
100 𝑥=
200 × 11 10
= = 𝑅𝑠. 220
10
Compound of second scheme
𝑅 𝑇 13. (A)
= 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 (1 + ) R = 12%
100
P = Rs. 200 T = 1.5 year
10% According Halfyearly R = 6%, T = 3
Rate= = 5% (Hly. C.I.)
2 year
Time = 2 Halfyearly
According yearly,
5 2 12 6
𝐶. 𝐴. = 200 × (1 + ) = 250000 (1 + ) (1 + )
100 100 100
200 × 21 × 21 441 ATQ,
= =
20 × 20 2 Difference of Amounts-
= 𝑅𝑠. 220.5 53 3 12 6
= 250000 [( ) − (1 + ) (1 + )]
12. (B) 50 100 100
Given, 53 3 53 28
= 250000 [( ) − ( ) ( )]
P = 16000 T = 2 Year, R = 20% x =? 50 50 25
ATQ, 53 53 3 28
= 250000 × [( ) − ]
x = CI (Half yearly) - CI (Yearly) 50 50 25
2𝑇 53 2809 28
𝑅 = 250000 × [ − ]
𝑥 = 𝑃 [(1 + ) − 1] 50 2500 25
2 × 100 53 2809 − 2800
𝑅 𝑇 = 250000 × [ ]
− 𝑃 [(1 + ) − 1] − 1 50 2500
100 53 9
2×2
= 250000 × ×
20 50 2500
𝑥 = 16000 [(1 + ) − 1] = 𝑅𝑠. 954
2 × 100
2
20
− 16000 [(1 + ) − 1]
100
4 For More Study Materials:
11 6 2
𝑥 = 16000 [( ) − 1] − 16000 [( ) − 1]
10 5 • App Link: https://bit.ly/singhkorieducationapp
14641 36 • Telegram : https://t.me/mathswithpawanrao
𝑥 = 16000 [ − 1] − 16000 [ − 1]
10000 25
14641 − 10000
𝑥 = 16000 [ ]
10000
36 − 25
− 16000 [ ]
25
 Amount to be returned by
D = 60P(1+25/100) = 75P
14. (B) Amount received by bank – 125P
Let the inivetment in shceme B be Rs. Profit of bank = Amount received by
x bank – Amount
𝑥 Which bank has to refund to B
∴ Investment in scheme 𝐴 = 𝑅𝑠.
2 = 125P – 121P = 4P
ATQ,
𝑅 𝑇 Profit of bank = Rs 2640 (Given)
𝐴 = 𝑃 (1 + ) 4P = 2640
100
4 10 2 P = 660
∴ 𝑥 (1 + 100) − 2𝑥 (1 + 100
10
) = 8591
11 4 𝑥 11 2 Amount invested by A
⟹ 𝑥 × ( ) − × ( ) = 8591 = 100P = 100 x 660 = Rs 66000
10 2 10
2
11 121 𝑥 16. (C)
=( ) [𝑥
− ] = 8591
10 100 2 𝑅1 = 10%
121 71
= [ 𝑥] = 8591 𝑇1 = 1 years
100 100 12
= 𝑥 = 10000 𝑅2 = = 6%, 𝑡2 = 1 x 2 = 2 half
2
15. (D) yearly (𝑅2 )
Let the principal given by A to B = So, Reff = 6+6+
6×6
= 12.36%
100P 100
R = 10% Accordingly to question-
T = 1 year (12.36 -10)% of money = Rs. 1888
Amount which B has to pay ⇒ 2.36% of money= Rs.1888
1888
𝑟 10 ⇒1% of money
= (1 + ) = 100𝑃 (1 + ) 2.36
1888
100 100 ⇒100% of money = × 100
= 110𝑃 2.36
Now, B gives it to a bank = Rs. 80000
Principal = 100P 17. (B)
R = 20% Let the amount = Rs. 4
But it is compounded half yearly. According to the question,
20 A2 - A1 = 4544
∴ 𝑅1 = ( ) % = 10% 𝑅2 𝑡2 𝑅2 𝑡1
2
𝑇1 = 2𝑇 = 2 × 1 = 2 𝑃 (1 + ) − 𝑃 (1 + )
100 100
Amount which bank has to refund to = 4544
B 20 4
40 2
= 100 P (1+10/100) = 121P 𝑃 (1 + ) − 𝑃 (1 + )
100 100
Bank distribute the principal amount = 4544
to C and D in ration = 2 : 3 6 4 7 2
Share of C = (100P/5) x 2 = 40P ⇒ 𝑃 ( ) − 𝑃 ( ) = 4544
5 5
Share of D = (100P/5) x 3 = 60P 1296𝑃 49𝑃
⇒ − = 4544
R = 25% 625 25
T = 1 year ⇒ 71 P = 4544 x 625
Amount to be returned by 4544×624
C = 40P (1+25/100) = 50P ∴𝑃= = 40000 Rs.
71
 241𝑥
= 482
10000
18. (B) 𝑥 = 2 × 10000 = 𝑅𝑠. 20000
Let the principal or amount of money
be = Rs. x
Compound interest rate = 20%
Compound interest For More Study Materials:
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= 𝑃 ((1 + ) − 1)
100 • Telegram : https://t.me/mathswithpawanrao
20 2
= 𝑥 [(1 + ) − 1]
100
1 2
= 𝑥 [(1 + ) − 1]
5
6 2
= 𝑥 [( ) − 1]
5
36
= 𝑥 [ − 1]
25
11𝑥
=
25
If interest is payable half yearly,
Rate of interest = 10%
Time = 4 half yearly
Compound interest
𝑅 𝑇
= 𝑃 ((1 + ) − 1)
100
10 4
= 𝑥 [(1 + ) − 1]
100
11 4
= 𝑥 [( ) − 1]
10
11 × 11 × 11 × 11 − 10000
= 𝑥( )
10000
14641 − 10000
= 𝑥[ ]
10000
4641𝑥
=𝑥
10000
ATQ,
4641𝑥 11𝑥
𝑥 − = 482
10000 25
4641𝑥 − 4400𝑥
= 482
10000
 SOLUTION
1. (B) 3. (B)
The amount invested at compound P = Rs. P
interest is- Time = 3 year
𝑇
𝑅 ATQ,
∴ Amount = (1 + )
100 𝑅 3
ATQ, 8𝑃 = 𝑃 (1 + )
100
𝑅 12 𝑅 3
2𝑃 = 𝑃 (1 + ) 3
(2) = (1 + )
100 100
𝑅 12 𝑅
2 = (1 + ) … . (𝑖) 2 = (1 + )
100 100
𝑅 𝑇 𝑅
And 4𝑃 = 𝑃 (1 + ) 2−1=
100
100
2
𝑅 𝑇 𝑅 = 100%
2 = (1 + )
100
In Equ. (i), 4. (D)
2
𝑅 12 𝑅 𝑇 If a sum of Rs 36,000 triples itself in
[(1 + ) ] = (1 + ) 6 years then
100 100
𝑅 24 𝑅 𝑇 𝑅 6
(1 + ) = (1 + ) 36000 (1 + )
100 100 100
So time = 24 year = 36000 × 3 … (𝑖)
So after 18 years the compound
2. (C) amount will be Rs 36000 at the same
Let principal = Rs. x and rate of rate (r)
interest = R% per annum. Then, 𝑅 18
𝐴 = 36000 (1 + )
𝑅 5 100
𝑥 × (1 + ) = 2𝑥 𝑟 6 3
100 𝐴 = 36000 {(1 + ) }
𝑅 5 100
(1 + ) = 2 … . . (𝑖) By Equ. 1
100
Let it be 16 times in t years, A = 36000 (3)3
𝑅 𝑡 = 36000 x 27
𝑥 × (1 + ) = 16𝑥 Therefore, after 18 years the amount
100 will become Rs. 972000
𝑅 𝑡
(1 + ) = 16 = (2)4
100
4 For More Study Materials:
𝑅 𝑡 𝑅 5
(1 + ) = 𝑠 [(1 + ) ] 𝐸𝑞𝑢. (𝑖)
100 100 • App Link: https://bit.ly/singhkorieducationapp
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(1 + ) = (1 + )
100 100
𝑡 = 20 𝑦𝑒𝑎𝑟
 7. (D)
5. (B) 𝑟
According to the first condition 𝑅=
4
P = Rs. 12000 T = 4T = 4 x 1 = 4 yr.
T = 5 Years 𝑅 𝑇
R = r% yearly 𝐴 = 𝑃 (1 + )
𝑡
100
𝑅 𝑟 5
∵ Amount = 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 (1 + ) 625 = 256 (1 + )
100
4 × 100
𝑅 5 5 4 100
2 × 12000 = 12000 (1 + ) ( ) =
100 4 4
𝑅 5 5 𝑟
2 = (1 + ) … . (𝑖) =1+
100 4 400
According to the second condition 1 𝑟
𝑅 15 =
Amoun = 12000 (1 + ) 4 400
100 𝑟 = 100%
𝑟 5 3 Rate per annum = 100%
= 12000 [(1 + ) ] 100
100 Rate for 1 quarter = = 25%
Equ. (i) to, 4
Amount = 12000 x 23
= 12000 x 8 8. (D)
= Rs. 96000 R = % yearly
6. (B) 14641 𝑅 4
= (1 + )
Let P = 121 10000 100
ATQ, Comparing both sides
𝑟 2 11 𝑅
121 (1 + ) = 144 =1+
100 10 400
𝑟 2 144 1 𝑅
⟹ (1 + ) = =
100 121 10 100
𝑟 12 𝑅 = 10%
⟹1+ = 9. (C)
100 11
𝑟 12 − 1 1 Given:
⟹ = = Amount = 1.96 x Principal
100 11 11
100 Time = 2 years
⟹𝑟= % Formulae used:
11
Required time (t) =
2×121×100×11
= 𝑅 𝑛
121×100 𝐶𝐼 = 𝑃 (1 + ) −𝑃
22 yrs. 100
Calculation:
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be P
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1.96𝑃 = 𝑃 (1 + )
100
 𝑅 2
1.42 = (1 + ) 13. (B)
100 1
𝑅 Rate (R) = [(𝑛)3 − 1] × 100
1.4 = 1 + 1
100
𝑅 = 0.4 = 40% 27 3
= [( ) − 1] × 100
10. (D) 8
Let Principal = 1 unit 3
Principal Amount Time = ( − 1) × 100
1 2 5 2
= 50%
↓ ↓x4
4 14. (D)
2 = 16 20 years 3
∴ Principal becomes 16 times 37.5% =
∴ Desired amount = 12000 x 16 8
8 11
= 192000 Rs. 8 11
11. (D) 8 11
Let the sum of money = Rs. P 8 11
∴ Amount = 2P 4096 14641
𝑟 𝑡
⟹ 𝐴 = 𝑃 (1 + ) ⟹ 2𝑃 = In four years sum of money become
100
20 𝑡 four times = 4 years
𝑃 (1 + )
100
2𝑃 6 𝑡 6 𝑡
⟹ =( ) ⟹2=( )
𝑃 5 5
6 4 1296 15. (A)
On putting t = 4, we get ( ) = P = 1252
5 625
= 2 (approx.) A = 3756 = 1252 x 3 = 3P
∴ Least number of years = 4 We know that for three years
RT = 114
12. (C) R x 19 = 114
1 1 114
33 % = 𝑅= = 6%
3 3 19
P A
3 4
3 4
3 4
27 64
In three years sum of money become
trebled = 3 years

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 SOLUTION
1. (D) Let principal = 252 = 625
Differece between two compound
interests = 236.25 – 225 = 11.25
Compound interest for one year = Rs.
11.25
∴ Compound Interest
𝑅 𝑡
=P= [(1 + ) − 1]
100 If value of 84 is = 420
𝑅 𝑡
11.15 = 225 x [(1 + ) − 1] Then value of 625 is
100 = 625 x 5 = Rs. 3125
(∵ 𝑅𝑎𝑡𝑒 = 𝑅, 𝑇𝑖𝑚𝑒 = 1 𝑦𝑒𝑎𝑟)
𝑅
11.25 = 225 x 5. (B)
100
𝑅 = 5% 3rd year C.I. = Rs. 24.50
2 1
2. (D) Rate = 16 % =
3 6
Absolute interest rate for 2 years Let principal = 63 = 216
(10 × 10)
= 10 + 10 + = 21%
100
For IInd year, interest rate = 21 – 10 =
11%
ATQ,
11% of sum = Rs. 132
132
⟹ 𝑆𝑢𝑚 = × 100 = 1200 𝑅𝑠.
11
If value of 49 is = 24.5
3. (B) Then value of 216 is
2nd year’s C.I. = Rs. 63, Rate= = 216 x 0.5 = Rs. 108
2 1
16 % =
3 6
Let principal = 62 = 36
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If value of 7 is = 63
Then value of 36 is
= 36 x 9 = Rs. 324
4. (C)
2nd year C.I. = Rs. 420
3
Rate = 12% =
25
6. (A)
3rd year C.I. = Rs. 320 9. (C)
2 1
Rate = 14 % = 3rd year CI = 12100
7 7
Rate = 9%
Let principal = (7)3 = 343 109
4th year CI = 12100 ×
100
= 13189
10. (C)
1
𝑅 = 10% =
10

If value of 64 is = 320
Then value of 343 is
= 343 x 5 = Rs. 1715

7. (D)
132
Rate = x 100 = 10% 100 – 250000
1320
10 2 1→ 250
𝐶𝐼 = 𝑃 (1 + ) −𝑃 121 → 30250
100
11 11
1320 = 𝑃 × × −𝑃 11. (C)
10 10
𝑃 = 12000 3rd yrsr CI = 24000
1
8. (C) Rate = 4.16% =
24
𝑟 th 25
3300 (1 + ) = 3630 4 year CI = 24000 x = 25000
100 24
𝑟 11 P A
1+ = 3 4
100 10
𝑟 1 3 4
= 3 4
100 10
𝑟 = 10% 27 64
Given that CI for two year = 3300, In three years sum of money become
1
T = 2 years trebled = 3 years
2
CI % for 2nd year = 11% For More Study Materials:
1
CI % for 2 year = 27.05%
2
1 3300 • App Link: https://bit.ly/singhkorieducationapp
Amount in 2 year × 127.05 • Telegram : https://t.me/mathswithpawanrao
2 11
= 38115 𝑅𝑠.
1. (B) x=4
Let rate = R% 1
𝑅𝑎𝑡𝑒 = × 100 = 25%
Principal = P 4
3𝑅2 𝑅3
Reff for 3 years CI = 3𝑅 + + 4. (D)
100 10000
𝑅2 3 yr C.I. = 1133
Reff for 2 years CI = 2𝑅 +
100 4 yr C.I. = 1476
ATQ, Difference = 1476 – 1133 = 343
3𝑅2 𝑅3 Let 𝑅 =
1
𝑃 (3𝑅 + + ) = 254 … . (𝑖) 𝑥
100 10000 (x + 1)3 = 343
𝑅2 (x + 1) = 7
𝑃 (2𝑅 + ) = 156 … . (𝑖𝑖)
100 x=6
Doing eq. (i) ÷ eq. (ii) 1
3𝑅2 𝑅3
𝑅𝑎𝑡𝑒 = × 100 = 16.66%
3𝑅+ +
100 10000 254 6
⟹ 𝑅2
=
2𝑅+ 156
100 5. (C)
By calculation 6 yr C.I. = 4000
100 2 12 yr C.I. = 9600
𝑅= % = 16 %
6 3 6 yr C.I. = 4000
12 yr C.I. = 4000 + 1600
2. (B) 1600 2
Let rate = R% 𝑅𝑎𝑡𝑒 = × 100 =
4000 5
Principal = P 2
3𝑅2 𝑅3 𝑃 × = 4000
Reff for 3 years CI = 3𝑅 + + 5
100 10000
𝑅2 𝑃 = 10000
Reff for 2 years CI = 2𝑅 +
100
ATQ, 6. (C)
3𝑅2 𝑅3 4 yr C.I. = 3600
𝑃 (3𝑅 + + ) = 331 … . (𝑖) 8 yr C.I. = 8400
100 10000
𝑅2 4 yr C.I. = 3600
𝑃 (2𝑅 + ) = 210 … . (𝑖𝑖) 8 yr C.I. = 3600 + 1200
100 1200 1
Doing eq. (i) ÷ eq. (ii) 𝑅𝑎𝑡𝑒 = =
3𝑅2 𝑅3
3600 3
3𝑅+ +
100 10000 331 1
⟹ 𝑅2
= 𝑃 × = 3600
2𝑅+ 210 3
100
By calculation 𝑃 = 10800
𝑅 = 10%
3. (C)
3 yr C.I. = 714
4 yr C.I. = 839
1
Let 𝑅 =
𝑥
Difference = 839 – 714 = 124
(x + 1)3 = 125
(x + 1) = 5
 SOLUTION
1. (C) 1
𝑟 = 16 %
2 year amount = 1200 4
17 17
3 year amount = 1260 ∴ 𝑃 × × = 4624
16 16
60
= × 100 = 5% 𝑃 = 𝑅𝑠. 4096
1200 5. (A)
𝑟 𝑇
2. (C) ∵ Amount = 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 𝑃 (1 + )
100
2 year amount = 6120 ATQ,
3 year amount = 7340 𝑟 4
7340 − 6120 𝑃 (1 + ) = 2400 … . (𝑖)
= × 100 100
6120 𝑟 3
1220 𝑃 (1 + ) = 2000 … . (𝑖𝑖)
= × 100 = 19.93% = 20 100
6120 eq. (i) & (ii)
20 2 𝑟 2400
𝐴 = 𝑃 (1 + ) 1+ =
100 100 2000
6 6 𝑟 4
6120 = 𝑃 × × =
5 5 100 20
𝑃 = 4254 𝑟 = 20%
3. (A) 6. (D)
1089 Given,
𝑅𝑎𝑡𝑒 = × 100 = 10%
10890 Amount for 2 years = Rs. 3025
Let sum amount = x Amount for 3 years = Rs. 3327.5
Effective Rate of 24 yrs = 21% 3327.5−3025
Interest Rate (R) = × 100
121 3025
𝑥× = 10890 Interest Rate (R) = 10%
100 Principal = Rs. P
𝑥 = 90 × 100 = 𝑅𝑠. 9000
4. (D) 𝑅 𝑡
𝐴𝑚𝑜𝑢𝑛𝑡 = 𝑃 (1 + )
𝑟 𝑇 100
Amount = 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙 𝑃 (1 + ) 10 2
100
𝑟 3 3025 = 𝑃 (1 + )
𝑃 (1 + ) = 4913 … . (𝑖) 100
100 3025 × 100
𝑟 2 𝑃=
𝑃 (1 + ) = 4624 … . (𝑖𝑖) 121
100 = 𝑅𝑠. 2500
∵ eq. (i) & (ii) Hence the principal amount will be
𝑟 4913 Rs. 2500 and the rate will be 10%
1+ =
100 4624
𝑟 289 For More Study Materials:
=
100 4624
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𝑟= × 100 • Telegram : https://t.me/mathswithpawanrao
16
 108 108
7. (C) 18662.4 = 𝑃 × ×
100 100
𝑟 11232 𝑃 = 16000
(1 + )=√ 10. (D)
100 7800
Amount in 4 years
𝑟 144 𝑟 4
1+ =√ = 𝑃 (1 + ) = 3840 … (𝑖)
100 100 100
Amount in 5 years
𝑟 12 𝑟 5
= −1 = 𝑃 (1 + ) = 3936 … (𝑖𝑖)
100 10 100
𝑟 = 20% Dividing eq. (ii) by eq. (i)
8. (B)
Let the amount be P and the rate of 𝑟 3936
interest be 1% 1+ =
𝑛
100 3840
Compound = 𝑃 (1 + )
𝑟 𝑟 3936 − 3840
100 =
100 3840
As per condition- 96 1
𝑟 2 𝑟= × 10 = × 10 = 2.5%
2420 = 𝑃 (1 + ) . . . (𝑖) 384 4
100
𝑟 3
2662 = (1 + ) … . (𝑖𝑖) 11. (B)
100
eq. by dividing (ii) by (i)
𝑟 2662
1+ =
100 2420 ATQ,
𝑟 = 20%
18522 𝑟 3
Eq. (i) from = (1 + )
10 2 16000 100
2420 = 𝑃 (1 + ) 9261 𝑟 3
100 = (1 + )
8000 100
As per condition- 21 3 𝑟 3
𝑟 2 ( ) = (1 + )
2420 = 𝑃 (1 + ) 20 100
100 𝑟 21
10 10 1+ =
𝑃 = 2420 × × 100 20
11 11 𝑟 = 5%
= 𝑅𝑠. 2000
12. (B)
9. (B)
2 year amount = 18662.4
3 year amount = 20155.392
20155.392 − 18662.4
= × 100
18662.4
= 8% For More Study Materials:
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18662.4 = 𝑃 (1 + )
100 • Telegram : https://t.me/mathswithpawanrao
13. (B)
𝑟 4
= 𝑃 (1 + ) = 7562 … (𝑖)
100
𝑟 5
= 𝑃 (1 + ) = 8469.44 … (𝑖𝑖)
100
(i) ÷ (ii)
𝑟 8469.44
1+ =
100 7562
𝑟
1+ = 1.12
100
𝑟
= .12
100
14. (A)
ATQ,
Using basic CI formula,
63654 𝑟 𝑛
= (1 + ) … . (𝑖)
60000 100
According to new condition,
𝑛
𝑟 2
𝐴 = 60000 (1 + )
100
Squaring both sides
2 2
𝑟 𝑛
𝐴 = (60000) (1 + ) . . (𝑖𝑖)
100
𝑟 𝑛
Putting value of (1 + ) in equation
100
(ii) from equation (i)
63654
𝐴2 = (60000)2 ×
60000
𝐴 = 61800
(B)
15. Using basic CI equation
53520 𝑟 6−3 1338
= (1 + ) ⟹
35680 100 892
𝑟 3
= (1 + )
100
669 𝑟 3
⟹ = (1 + )
446 100
𝑟 3
In first case 35680 =P (1 + )
100
⟹
669
35680 = 𝑃 × ⟹ 𝑃 = 23786.67
449
⟹ CI = 35690 – 23786.67
= 11893.33 ≈ 11893
 SOLUTION
36
1. (D) ⇒ Amount (100%) = × 100 =
0.36
Let principal = 100
𝑅𝑠. 10,000
CI for 1 year compounded half yearly of
10% 5. (A)
1
⟹ R = 5% 73 days = year
5
T = 2 year 219 days = year
3

Effective Rate = 10.25% 5

15% 15% 9%
100 × 1025
𝐶. 𝐼. = 10.25 1 yr 1 yr 3/5 yr
100 Let P = 203 = 8000
S.I. 1 year at 10% yearly 1200
100 × 10 1200 → 180
𝑆. 𝐼. = 10
100 720 → 216 → 16.2
CI – SI → 25 x5
10.25 – 10 → 25 412.2 Rs. 2061
Then sum, ∵ P = 8000 x 5 = 40,000
100→ 10000 Rs.
6. (D)
SI and CI are same for first year = Rs.
2. (D)
400
𝑅 2 15 15
𝐷 = 𝑃( ) = 10000 ( )( ) So, 832 – 800 = 32 Interest of Rs. 400
100 100 100 32×100
= 225 𝑅𝑠. ⇒𝑅= = 8%
400
400 × 100
3. (C) 𝑃= = 𝑅𝑠. 5000
1×8
Diff. between eff. rabe = 32.25% - 30% SI for 4 year = 400 x 4 = 1600
= 2.25% CI for 4 year = 1802.44
⇒ 2.25% = 1994 Required CI – SI = 1802.44 – 1600 =
199400
⇒ 1% = = 864 202.44
225
⇒ 21% = 864 x 21 = 18144

4. (A) Simple interest % of first year =

12% For More Study Materials:
Compound interest % of first year when
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payable half yearly = 6+6+ =
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12.36%
Difference = 12.36 – 12 = 0.36%
 10 (C)
7. (C) When payable half yearly
Rat = 10% Interest rate = R/2 = 10/2 = 5% (Half
Reff. For CI = 33.1% yearly)
Reff. Of SI = 30 Time = 2 years = 4 half yearly
Diff. in Rates = 3.1% Let principal = Rs. P
ATQ,
3.1% of sum = 31
31
⇒ Sum = × 100 = 𝑅𝑠. 1000 𝑅 2 𝑃×𝑅×𝑇
3.1
𝑃 [(1 + ) − 1] − ( )
100 100
8. (D) = 124.05
Let principal = Rs. P 5 4 𝑃×5×4
𝑃 [(1 + ) − 1] − ( )
𝑃𝑟 2 100 100
𝐶𝐼 − 𝑆𝐼 =
(100)2 = 124.05
21 × 21 × 21 × 21 − 20 × 20 × 20 × 20
𝑃×9×9 𝑃[ ]
97.2 = 20 × 20 × 20 × 20
100 × 100
𝑃 = 𝑅𝑠. 12000 𝑃×5×4
−( ) − 124.05
100
9. (D) 194481 − 160000 𝑃×5×4
Compound amount after n years 𝑃[ ]−
160000 100
12405
10 𝑛 =
𝐴 = 𝑃 (1 + ) 100
100 34481 − 32000 12405
𝑃[ ]−
Compound amount after 4 years 160000 100
2481
11 11 11 11 𝑃[ ] = 12405
= 1000 × × × 1600
10 1 10 10 12405 × 1600
𝑃= = 𝑅𝑠. 8000
= 𝑅𝑠. 1464.1 2481

11 (D)
Rate = 10% , Principal = Rs. 180000,
Compound interest = 1464.1 – 1000 =
Time = 2 years
𝑃×𝑅×𝑇
464.1 Simple Interest =
100
After 4 years simple interest =
𝑃𝑅𝑇 180000 × 10 × 2
100 = = 𝑅𝑠. 36000
1000
1000 × 10 × 4 𝑅 𝑡
= = 400 Compound Amount = 𝑃 (1 + )
100
100 10 2
Therefore, the desired difference = Amount = 180000 x (1 + )
100
11 11
464.1 – 400 = Rs. 64.10 = 180000 × ×
10 10
= 1800 x 121 = Rs. 217800
 Compound Interest = Amount – 𝑅 2 300 + 𝑅
Principal – 𝑃( ) ( )
= 100 100
= 217800 – 180000 = Rs. 37800 𝑅 2
𝑃( )
Profit received in two years 100
= Compound interest = Simple interest
= 37800 – 36000 = 1800 𝑅 2 300 + 𝑅
41 ) ( 𝑃( )
= = 100 100
12. (C) 12 𝑅 2
𝑃( )
ATQ, 100
𝑅 2 41 300 + 𝑅
𝑃( ) = 100 … (𝑖) = =( )
100 12 100
𝑅 2 300 + 𝑅 = 4100 = 3600 + 12 𝑅
𝑃( ) ( ) = 305 … (𝑖𝑖)
100 100
300+𝑅 = 𝑅 = 41.67%
⇒( ) x 100 = 305
100
[Put value from (1)] 15. (B)
⇒ R = 5% Let original sum = 100 P
Put the value of R in equation (1) So, Amount in 2 years
11 11
5 2 100𝑃 × × = 121𝑃
𝑃( ) = 100 10 10
100 Principal : Amount
⇒ P = 40,000
100P : 121P
(A)
21 P
13.
Let th sum be Rs. P
Ratio of compound interest for 3 years CI
and simple interest for 2 years Remaining amount = (121P – 2050)
According to question-
𝑅 2 300 + 𝑅 1 8
𝑃( ) ( ) (121 P – 2050) x = 21 𝑃 ×
= 100 100 10 21
𝑅 2 ⟹ 121 P – 2050 = 80 P
𝑃( )
100 ⇒ 41 P = 2050
2
𝑅 300 + 𝑅 ⇒ P = 50
19 𝑃 (100) ( 100 )
= = So, Principal = 50 x 100 = Rs. 5000
6 𝑅 2
𝑃( )
100 16. (D)
19 300 + 𝑅
= =( ) Diff. for 3 year CI & SI
6 100 2
= 19 + 00 = 1800 + 6 𝑅 𝑅 300+𝑅
= 𝑃( ) ( )
2 100 100
= 𝑅 = 16 %
3 Diff. for 2 year CI & SI
14. (C) 𝑅 2
Let the sum be Rs. P = 𝑃( )
100
Ratio of compound interest for 3 years
and simple interest for 2 years
 ATQ, 18. (D) For simple interest
𝑟 2 300 + 𝑟 Let the amount = Rs. P
𝐷𝑖𝑓𝑓. 𝑓𝑜𝑟 3 𝑦𝑟𝑠 𝑃 (100) ( 100 )
= Rate = 10% yearly
𝐷𝑖𝑓𝑓. 𝑓𝑜𝑟 2 𝑦𝑟𝑠 𝑟 2 25
𝑃 (100) = 8 Time = 1 year
300+𝑟 25 For compound interest
⇒ 100 = 8
Let the amount = Rs. P
⇒ 2400 + 8r = 2500 Rate = 10% yearly rr 5% Halfyearly
⇒ 8r = 100
100 Time = 1 year or 2 Halfyearly
⇒𝑟= = 12.5%
ATQ,
8

5 2 𝑃 × 10 × 1
50 = 𝑃 [𝑃 (1 + ) − 1] −
100 100
17. (D)
P = 10,000, R = R%, T = 2 21 21 𝑃
50 = 𝑃 [ × − 1] =
𝑅 2 20 20 10
28400 = 10000 (1 + )
100 441 − 400 𝑃
2𝑅 50 = 𝑃 [ ]−
+ 10000 (1 + ) 400 10
100 41 1
𝑅2 2𝑅 50 = 𝑃 [ − ]
10000 (1 + + ) + 200𝑅 100 10
10000 100
41 − 40
= 18400 50 = 𝑃 [ ]
2 400
⇒ 𝑅 + 400𝑅 = 8400
⇒ 𝑅2 + 400𝑅 + 40000 = 40000 + Or, P = 50 x 400 = Rs. 20,000
8400
19. (C)
⇒ (𝑅 + 200)2 = 48400 Total interest received on the investment
⇒ 𝑅 + 200 = 220 amount of the first scheme
⇒ 𝑅 = 20% 100 × 10 × 1
= = 𝑅𝑠. 10
∴ Ratio of interest accured for 3 years is 100
SI : CI 21 2
100 ( ) − 100
𝑃𝑇𝑅 𝑅 𝑇 20
= ∶ [𝑃 (1 + ) − 𝑃] 441
100 100 = 100 × − 100
100
10000 × 3 × 20 20 3 441 441 − 400 41
= : 10000 [(1 + ) = − 100 = =
100 100 100 4 4
= 𝑅𝑠. 10.25
− 1] Hence the desired difference from the
first plan 10.25 – 10 = 25 paisa
60 728
= ∶
100 1000
= 75 ∶ 91
 20. (D)
3 C.I. = 3 S.I. = Rs. 57
2 1
𝑅 = 16 % =
3 6
Let Principal = 63 = 216

If value of 19 is = 57
Then value of 216 is
= 216 x 3 = Rs. 648

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 SOLUTION
1. (C) and amount of Shyam = Rs. y
Let Part of a = Rs. x ATQ,
and Part of b = Rs. y 104 3 104 5 𝑥 26 2
x + y = Rs. 39030 𝑥( ) = 𝑦( ) ⇒ =( )
100 100 𝑦 25
Rate = 4%
104 7 104 9 𝑋 676 676
𝑋[ ] = 𝑌[ ] ⟹ = =
100 100 𝑌 625 625
676
So, 𝑋 = × 39030 = 𝑅𝑠. 20,280 So,
1301
676
2. (C) 𝑥= × 260200 = 𝑅𝑠. 1,35,200
1301
Let elder son’s share = Rs. x
So, Ram’s share = Rs. 1,35,200
And younger son’s share = Rs. y
2 1
Rate = 16 % =
3 6
5. (A)
ATQ,
Let elder brother’s share = Rs. x
7 13 7 16 𝑥 7 3 343
𝑥( ) = 𝑦( ) ⇒ = ( ) = Younger brother’s share = Rs (16820 –
6 6 𝑦 6 216 x)
343 ATQ,
So, 𝑥 = × 22360 = 𝑅𝑠. 13720
559 5 13 5 15
𝑥 (1 + ) = (16820 − 𝑥) (1 + )
216 100 100
And 𝑦 = × 22360 = 𝑅𝑠. 8640
559
21 2
⇒ 𝑥 = (16820 − 𝑥) ( )
20
3. (A) ⇒ 400𝑥 = (16820 × 441) − 441𝑥
Let A’s share = Rs. x
16820×441
and B’s share = Rs. y ⇒𝑥= = 𝑅𝑠. 8820
841
ATQ,
104 13 104 9 𝑥 26 2
𝑥( ) = 𝑦( ) ⇒ =( )
100 100 𝑦 25
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676
=
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So, 𝑥 = × 20816 = 𝑅𝑠. 10816
1301

625
𝑦= × 20816 = 𝑅𝑠. 10000
1301
4. (B) 6. (A)
Total amount = Rs. 2,60,000 Let share of A = x
Let amount of Ram = Rs. x
 10 3 10 2
Share of B = 15494 – x 𝑥 (1 + ) = (48300 − 𝑥) (1 + )
100 100
ATQ, 11
=𝑥× = 48300
𝑅 9 𝑅 11 10
𝑥 × (1 + ) = (15494 − 𝑥) = (1 + )
100 100 𝑥 = 23000
𝑥 20 2
⇒ = (1 + ) 9 (D)
15494−𝑥 100
15494−𝑥 25
Sum = 460100
⇒ = T1 = 3
𝑥 36
15494 25
T2 = 2
⇒ −1= 8 1
𝑥 36 𝑅=4 %=
15494 61 23 23
⇒ = 4 3
𝑥 36
𝑥 (1 + ) = (46100
15494 230
⇒𝑥= × 36 1 2
61
− 𝑥) (1 + )
2300
= 254 x 36 2301
= 𝑥 = (460100 − 𝑥)
= Rs. 9,144 2300
4601
7. (A) 𝑥 = 460100
2300
Let A’s share = Rs. x
And B’s share = Rs. y 𝑥 = 23000
ATQ,
10 (D)
5 9 5 11
𝑥 (1 − ) = 𝑦 (1 − ) Given
100 100 P = 500000
Rate = 5%
𝑥 19 2 361
⇒ =( ) = Time = 2 year
𝑦 20 400
𝑅 𝑡
So, 𝑥 =
361
× 22830 = 𝑅𝑠. 10830 𝐴𝑚𝑜𝑢𝑛𝑡 = 𝐴 = 𝑃 (1 + )
761 100
5 2
400 𝐴 = 500000 (1 + )
𝑦= × 22830 = 𝑅𝑠. 12000 100
761 21 21
= 500000 × ×
8. (B) 20 20
Sum = 48300 = 1250 x 21 x 21 = Rs. 55150
T1 = 3 Therefore, the total amount received by
T2 = 2 the daughter = Rs. 551250

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 SOLUTION
1. (A) ∆ = CI on 1st year’s interest
Given – CI = Rs. 669.30 So, ∆ = 1344 – 1200 = 144
SI = 660 144
So, Rate = × 100 = 12%
1200
T = 2 year
P=? 3. (D)
𝑃×𝑅×𝑇 Rate = R, Time = 2 year
𝑆𝐼 = SI = 1200
100
𝑃×𝑅×2 CI = 1290
⇒ 660 =
100 2
𝑅
𝑃𝑅 Formula 𝐷 = 𝑃 ( )
= 330 … . (𝑖) 100
100 2
𝑅 2 𝑅
𝐶𝐼 = 𝑃 [(1 + ) − 1] 1290 − 1200 = 𝑃 ( )
100 10000
PR2 = 90 x 10000
⇒ 696.30 = 𝑃 PR2 = 900000 ….(i)
𝑅2 2𝑅 𝑃×𝑅×𝑇
[1 + + − 1] 𝑆𝐼 =
100 100 100
𝑃𝑅2 2𝑃𝑅
⇒ 696.30 = + 𝑃×2×𝑅
(100)2 100 1200 =
From Equation (i) 100
330𝑅 1200 × 100
696.30 = + 660 𝑃𝑅 =
100 2
330𝑅
⇒ 696.30 − 660 =
330𝑅
100 PR = 60000 …(2)
36.30 =
100 From Equation (1)
363
𝑅= 60000 x R = 900000
33
𝑅 = 11% 900000
On keeping the value of R in equation 𝑅=
60000
(i) R = 15%
𝑃𝑅 From Equation (2)
= 330
100 P x 15 = 60,000
11 60000
𝑃× = 330 𝑃= (𝑃 = 𝑅𝑠. 4000)
100 15
330 × 100
𝑃=
11
4. (A)
2. (A) Reff. for CI = 25.44%
S.I. C.I. Reff. for CI = 24%
st
1 year 1200 1200
2nd year 1200 1200 + ∆ ATQ,
 2544
𝑆𝐼 = × 24 = 𝑅𝑠. 2400 17
25.44 = 8000 × = 𝑅𝑠. 2125
34
5. (A)
Let the amount invested at simple 7. (C)
100 × 𝑆𝐼 100 × 1200
interest be Rs. x 𝑃= ×
ATQ, 𝑅×𝑇 8×3
2𝑥 × 8 × 3 10 2 = 5000 𝑅𝑠.
= 4000 (1 + ) −4 CI at 10% P.A. in 2 years on 10000 Rs.
100 100
Effective Rate = 21%
48𝑥
= 4840 − 4000
100 21
𝐶𝐼 = 10000 × = 𝑅𝑠. 2100
48𝑥 = 840 × 100 100
184000 8. (D)
𝑥=
48 1st year 2nd year
𝑥 = 1,750 SI 800 800
Therefore, amount invested on simple CI 800 960
interest (x) = 1,750 160
𝑅= × 100 = 20%
6. (C) 800
𝑃×𝑅×𝑇
P=P 𝑆𝐼 =
100
Amount = 2P 𝑃 × 20 × 2
1600 =
Interest = 2P – P = P 100
𝑃×𝑅×𝑇 ⟹ P = 4000 Rs.
𝑆𝐼 =
100
9 (A)
25 100 × 4500
𝑅= % 𝑃=
2 6×4
ATQ, 100 × 1500
=
𝑅 𝑇 8
𝐶𝐼 = 𝑃 [(1 + ) − 1]
100 Effective rate of 4% for 2 yrs = 8.16%
100×1500
25 2 𝐶𝐼 =
8
× 8.16 = 1530 Rs/
8000 [(1 + ) − 1]
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10 (D) 8 3
= 3000 [(1 + ) − 1]
ATQ, 100
40% → 3200
𝑃 = 100% → 8000 2 3
= 3000 [(1 + ) − 1]
Now, Eff. rate of 10% for 4 year = 25
46.41%
4641 27 3 19683
⇒ 𝐶. 𝐼. = × 8000 ⇒ 3712.8 = 3000 [( ) − 1] = 3000 = [ − 1]
100 25 15625
⇒ Amount = 8000 + 3712.8 = 11712.80
19683 − 15625
= 3000 [ ]
625 × 25
4058 × 3000 4.8 × 4058 19478.4
11 (C) = = =
625 × 25 25 25
R = 6%
P=2 = 𝑅𝑠. 779.13
P = 22500
22500 × 6 × 2
𝑆𝐼 = 13 (C)
100
𝑃×𝑅×𝑇
𝑆𝐼 = 2700 𝑆𝐼 =
100
Amount = 22500 + 2700 = 25200 16000 × 100
𝑃= = 25000
6 2 8×8
𝐴 = 22500 (1 + )
100 ATQ,
53 53 1
= 22500 × × = 25281 𝑅 = 8% 𝑜𝑓 ×
50 50 4
1 2
Total Profit = 25281 – 25200 = Rs. 81 8×
𝐶𝐼 = 25000 = (1 + 4)
100
−25000
12 (B) 25000 × 51 × 51
=
ATQ, 50 × 50
𝑃×𝑅×𝑇 = 25000 − 26010
𝑆𝐼 = − 25000
100
= 1010
𝑃 × 1.5 × 8
350 =
100
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𝑟 𝑟
𝐶𝐼 = 𝑃 [(1 + ) − 1]
100
14 (D)
16 (A)
Sunil’s interest for Rs. 4000 at the rate
Let total amount of savings = 2x
of simple interest Amount interest in bond 1st = x
Difference of CI – SI = 605 – 550 = Rs.
Interest
55
40000×11×3 550
= = 200 × 11 × 3 = 6600 1 year Interest = = 275
100×2 2
55×100
Kamal’s interest on Rs. 40000 at Rate of interest = = 20%
275
Amount is 1st bond
compound interest rate 550×100
=𝑥 = = 1375
20×2
Interest = Compound – Principal Total savings before investment = 2x
5 3 = 2 x 1375 = Rs. 2750
= 4000 (1 + ) − 4000
100
21 21 21 17 (D)
= 40000 × × × − 4000 ATQ,
20 20 20
= 5 x 21 x 21 x 21 – 40000 𝑟 3
𝑃 (1 + ) = 2.197𝑃
Interest = 46305 – 40000 = Rs. 6305 100
3
What is the interest paid by Sunil and ⇒ 𝑃 (1 +
𝑟
) = (1.3)3
100
Kamal in 1 year and 6 months?
𝑟
Difference = 6600 – 6305 = 295 ⇒1+ = 1.3
100
15 (D) ⇒ 𝑟 = 30%
𝑃×𝑅×𝑇
𝑆𝐼 = Let the required time period be t years
100
𝑃×30×𝑇
75000 × 15 × 2 = = 6𝑃 (Here interest = 7P – P
= = 𝑅𝑠. 22500 100
100
= 6P)
𝑅 𝑛
𝐴 = 𝑃 (1 + ) 600
100 ⇒𝑡= = 20 years
30
115 115
𝐴 = 75000 × ×
100 100 18 (D)
𝐴 = 𝑅𝑠. 99187.5 Scheme A
Let principal = 100
C.I. = A – P T = 14 yr
= 99187.5 – 75000 = Rs. 24187.5 R = 8%
14×8
So, 𝑆𝐼 = 100 × = 112
Profit of Smita 100

= 24187.5 – 22500 = Rs. 1657.5 Amount = 212

Scheme B
 T = 2 year; R = 10% CI
Eff. Rate = 21%
21 × 212
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 = = 6678 ⇒ 1 =
100
6678 × 100
21 × 212
So, investment in Scheme A =
6678
100 = × 100 × 100
21 × 212
= 15000

19 (B)
As we know
𝐴𝑚𝑜𝑢𝑛𝑡 𝑎𝑓𝑡𝑒𝑟 2 𝑦𝑒𝑎𝑟𝑠 𝑟 2
= (1 + )
𝑃𝑟𝑒𝑠𝑒𝑛𝑡 𝐴𝑚𝑜𝑢𝑛𝑡 100
8748 𝑟 2
= (1 + )
7500 100
729 𝑟 2
= (1 + )
625 100
27 𝑟
=1+
25 100
27 2
𝑅 = ( − 1) × 100 = × 100
25 25
= 8%
7500×16×23
⇒ (𝑆𝐼)43 =
5 5×100

= 15 × 16 × 23 = 5520

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 SOLUTION
1. (B) 4. (B)
1
Interest compound half yearly at 8% 2% =
50
P.a. effective Rate: 4% and time = 2 yrs.
25 26
25 26 51 51
(6000 × − 𝐼) × −𝐼 =0
625 676→ Installment 50 50
𝐼 = 3090.30
650
8925
𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡 = × 676 = 4732 5. (C)
1275
2
Rs. Rate = 40% =
5
1st 7 x 5 = 7 x 7
2. (B)
2nd 25 = 49
Rate = 10%
1st 35 = 49
11 x 10 : 11 x 11
2nd 25 = 49
100 : 121 1500
Each Installement = × 49
60
210 242 = 1225𝑅𝑠.
Interest = 242 – 210 = 32
6897 6. (B)
Total interst = × 32 = 𝑅𝑠. 1824
121 Let amount of each installment = Rs.
x
3. (D) 2
1 100 100
5% → Principal = 𝑥 [ ]+𝑥[ ]
20 100+𝑥 100+𝑥
20 : 21 100 100 2
x 21 x 21 ⟹ 21000 = 𝑥 [ ]+𝑥[ ]
110 110
400 441 10 10
420 441 ⟹ 21000 = 𝑥 [ ] [1 + ]
11 11
10 21
820 882 ⟹ 21000 = 𝑥 × ×
11 11
820 → 1025 21000×11×11
1025 ⟹𝑥= = 𝑅𝑠. 12100
10×21
𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡 = × 441
820
= 𝑅𝑠. 551.25
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7. (C) Principal Installment
1→𝐶𝑜𝑚𝑝𝑜𝑢𝑛𝑑 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡
Rate = 5% = 1210×2 1331×2
20→𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙
21→ 𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡 1100×4 1331×4
=
20→𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙
1000×3 1331×3
Principal Installment
∴ Total principal = 2420 + 4400 + 3000
20×441 21×441
= Rs. 9820
400×21 441×21
1st : 2nd : 3rd
8000 9261
Installment = 2662 : 5324 : 3993
Note:- Amount of interest is same for
ATQ,
all 3 years.
9820 units = Rs. 34370
If total principla = (8820 +8400 + 8000) 34370
⟹ 1 𝑢𝑛𝑖𝑡𝑠 = = 𝑅𝑠. 3.5
= 25220 units 9820

Then amount of installment = 9261 Amount of first installment = 2662 x 3.5

units = Rs. 9317

ATQ, Amount of second installment = 5324 x

25220 units = Rs. 2522 3.5 = Rs. 18634

2522 1 Amount of third installment = 3993 x
⟹ 1 𝑢𝑛𝑖𝑡𝑠 = =
2520 10
3.5 = Rs. 13975.5
1
So, 9261 units = × 9261 9. (C)
10
1 1 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡
= 𝑅𝑠. 926.10 Rate = 12 % =
2 8 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑙𝑎

ATQ,
8. (D)
Principal = Rs. 34,370 Case – 1 (For One Year)
1 11→ 𝐼𝑛𝑠𝑡𝑎𝑙𝑙𝑚𝑒𝑛𝑡
Rate = 10% = = 𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑙𝑎
Principal : Amount
10 10→

10×121 11×121 (𝑃1 ) : (𝐴1 )

100×11 121×11 8 : 9

1000 1331 8 : 9

1st 2nd 3rd 64 : 81

Ratio of installment 2 : 4 : 3 x 280 x 280

(Cash value) 17920 22680
 13. (C)
Total Prince of the Car = 12000 + 11600
The price of the car = Rs. 4,98,200
+ 17920 = Rs. 41520
The down payment is done for buying
car = Rs. 60,000
10. (C)
The remaining amount (which is paid in
Amount accured at the end of first year
20 three equal installments) = Rs. 4,98,200
= 84000 (1 + ) = 1,00,800 – Rs. 60,000 – Rs. 4, 38, 200
100
Let the amount paid by Rahat at the end The number of installments,
of first year = x N=3
ATQ, Now,
120 By substituting the value of the
(1,00,800 − 𝑥) × = 3𝑥
100 respective variable in the required
⟹ 1,00,800 − 𝑥 = 2.5𝑥 formula, we get,
𝐴 1
⟹ 1,00,800 = 3.5𝑥 ⟹ 4,38,200 = × (1 − 3
)
16% (1+16%)

⟹ 𝑥 = 28,800 1003
⟹ 4,38,200 = 16% = 𝐴 × (1 − )
1163
11. (A)
11 16 1003
Amount after first year = 50000 × ⟹ 4,38,200 = = 𝐴 × (1 − )
10 100 1163
= 55,000 253
After installment 55000 − 20000 = ⟹ 4,382 = 16 = 𝐴 × (1 − )
293
35000 24389−15625
11 ⟹ 4,382 = 16 = 𝐴 × ( )
Amount after 2nd year = 35000 × 24389
10
= 38500 ⟹ 4,382 = 16 = 𝐴 × (
8764
)
After 2nd installment = 38500 − 24389

25000 = 13500 ⟹ Rs. 8 = 𝐴 × (

1
)
11 24389
Amount after 3rd year = 13500 ×
10
= 𝑅𝑠. 14850 ⟹ A=Rs. 1,95,112
The total amount paid is three
12. (D) installments
P I
2
16 x 15 16 x 162 = Rs. 195112 x 3 = Rs. 585336
16 x 152 162 x 16 The inlterst paid
152 162
= Rs. 585336 – Rs. 438200 = Rs.
15 [2560+ 240 + 225] 4096 x 3 147136
= 15 x 721 12288
14. (B)
= 10815 x 3⟹ 32445
The cost price of the motorcycle = rs.
1473 x 3 ⟹ 4419
135000
 𝑥 𝑥 𝑥
𝐴= + +
𝑅 𝑅 2
𝑅 3
(𝑥 + 100) (1 + 100) (1 + 100)
+⋯
Where, A = Amount, R = Rate, X =
Installment
Calculation :
Let the total interest paid to be X
ATQ,
20𝑥 400 8000𝑥
⟹ 111120 = + +
23 529 12167
529×20𝑥+23×400𝑥+8000𝑥
⟹ 111120 =
12167
10580𝑥+9200𝑥+8000𝑥
⟹ 111120 =
12167
27780𝑥
⟹ 111120 =
12167

⟹ The each installment = 12167 x 4 =

48668
The total amount paid = 23880 + (3 x
48668) = 23880 + 146004 = 169884
The total interest = 169884 – 135000 =
34884
The required result will be 34884.

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