by Wordpandit | Apr 13, 2017 | Arithmetic Concepts, Mathematics Concepts |
Concept of Installment Suppose you have to buy a car at Rs. 200000. You can pay the seller in two ways: Either you can pay the entire amount in one go i.e. you’ll pay Rs. 200000 and take the car. But what if you don’t have enough money at the time of purchase? The...
by Wordpandit | Oct 4, 2016 | Arithmetic Concepts |
Question 1: If the simple interest on Rs 500 increases by Rs 10 when time increases by 4 years. Find the rate per annum. (a) 0.5% (b) 0.2% (c) 0.3% (d) 0.7% Answers and Explanations Question 2: If the SI on Rs 1000 be more than the interest on 800 by Rs 80 in 4 years,...
by Wordpandit | Oct 4, 2016 | Arithmetic Concepts |
Question 1: How much a person should pay per year to payment the debt of Rs 4180 due in 4 years at the rate of 3% per annum? (a) 1400 (b) 1000 (c) 1300 (d) 1500 Answers and Explanations Question 2: The sum of interest on a sum of money is 1/36 of the principal, and...
by Wordpandit | Oct 4, 2016 | Arithmetic Concepts |
Example 1: A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 900 in 4years. The sum is: (a) Rs. 650 (b) Rs. 690 (c) Rs. 725 (d) Rs. 700 Answers and Explanations Answer : (d) S.I. for 1 year = 900 – 850 = Rs 50 S.I. for 3 years = 50 x 3 =...
by Wordpandit | Oct 3, 2016 | Arithmetic Concepts |
Welcome to this lesson on Simple Interest. Simple Interest is one of the fundamental units important parts of Arithmetic. Simple Interest has significant real-world applications and by learning by this topic, you strengthen your calculation skills. Also, Simple...
by Wordpandit | Oct 3, 2016 | Arithmetic Concepts |
Tips, Tricks& Results for Simple Interest-2 The purpose of this article is to provide you with some useful tips and tricks that you can use for Simple Interest questions. Various applications and formulas based on this concept are explained here. Simple Interest...
