Gokul took a certain amount as a loan from a bank at the rate of 8% simple interest per annum and gave the same amount to Alok as a loan at the rate of 12% simple interest per annum. If at the end of 12 years, he made a profit of Rs. 480 in the deal, ?->(Show Answer!)

Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336
Gokul took a certain amount as a loan from a bank at the rate of 8% simple interest per annum and gave the same amount to Alok as a loan at the rate of 12% simple interest per annum. If at the end of 12 years, he made a profit of Rs. 480 in the deal, ?->(Show Answer!)

Question Set

1. Gokul took a certain amount as a loan from a bank at the rate of 8% simple interest per annum and gave the same amount to Alok as a loan at the rate of 12% simple interest per annum. If at the end of 12 years, he made a profit of Rs. 480 in the deal, what was the original amount?

Ask Your Doubts Here

Comments

Show Similar Question And Answers

QA->Rs.800 becomes Rs.956 in 3 years at certain rate of simple interest.If the rate of interest is increased by 3%,What amount will Rs.800 becomes in 3 years?....

QA->The simple interest on a certain amount at 4% p.a. for 4 years is Rs. 80 more than the interest on the same sum for 3 years at 5% p.a. The sum is—....

QA->There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?....

QA->The difference between compound interest and simple interest for an amount of Rs. 40,000 for 2 years at 5% interest rate is....

QA->How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 5% per annum of simple interest?....

MCQ->Gokul took a certain amount as a loan from a bank at the rate of 8% simple interest per annum and gave the same amount to Alok as a loan at the rate of 12% simple interest per annum. If at the end of 12 years, he made a profit of Rs. 480 in the deal, what was the original amount?....

MCQ->What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I. The simple interest on the same amount at the same rate of interest in 5 years is Rs. 2000. II. The compound interest and the simple interest earned in one year is the same. III. The amount becomed more than double on compound interest in 10 years.....

MCQ->What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400. III. Simple interest earned per annum is Rs. 2000.....

MCQ->Puneeta borrowed from Reena certain sum for two years at simple interest. Puneeta lent this sum to Venu at the same rate for two years compound interest. At the end of two years she received 110 as compound interest but paid 100 as simple interest. Find the sum and rate of interest:....

MCQ->What is the compound interest earned at the end of 3 years? I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500. II. The rate of interest is 10 p.c.p.a. III. Compound interest for 3 years is more than the simple interest for that period by Rs. 465.....

Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions Question ANSWER With Solution