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  • Question
  • An amount of Rs. 20,000 was invested in Company 'B' in 2008 and after one year the entire amount along with interest was will be reinvested in the Company A for one more year. What will be total amount of interest accrued?


  • Options
  • A. Rs. 5199
  • B. Rs. 5762.50
  • C. Rs. 5533.75
  • D. Rs. 54.25

  • Correct Answer
  • Rs. 5762.50 

    Explanation

    Simple interest formula I = P x R x T where
    P is the Principal amount of money to be invested at an Interest Rate R% per period for T Number of Time Periods.


    Interest received in 2009 from Company B = 20000 x 145 x 1/100 = 2900
    Hence, their amount = 20000 + 2900 = Rs. 22900
    Interest will be received in 2010 from company A = 22900 x 12.5 x 1/100 = Rs. 2862.50
    Hence, total amount of interests for both years = 2900 + 2860.50 = Rs. 5762.50


  • Line chart problems


    Search Results


    • 1. 
      Samir invested Rs.10,000 in the company 'A' for one year in 2006. He reinvested the total amount along with interest for next one year in 2007. If he had invested for both years in the Company 'B', what would have been the difference between the interests earned?

    • Options
    • A. Rs. 16.50 less
    • B. Rs. 116.50 more
    • C. Rs. 128.50 less
    • D. Rs. 128.50 more
    • Discuss
    • 2. 
      In 2007 Saurabh invested an amount of Rs. 12000 in company 'A' and amount of Rs. 15,000 in Company 'B' for one year. What was the total interest accrued?

    • Options
    • A. Rs. 3600
    • B. Rs. 3800
    • C. Rs. 3900
    • D. Rs. 4100
    • Discuss
    • 3. 
      Gopal invested an amount of Rs. 25,000 in company A in 2003 for one year. Thereafter in 2004 he invested the amount along with interest in Company 'B' for one year? What was the total amount of interest earned in the two years together?

    • Options
    • A. Rs. 6218.75
    • B. Rs. 6800
    • C. Rs. 6920
    • D. Rs. 7200
    • Discuss
    • 4. 
      What is the approximate average profit made by company A in all the years together?

    • Options
    • A. Rs. 3,82,000
    • B. Rs. 3,98,000
    • C. Rs. 4,83,000
    • D. Rs. 5,12,000
    • Discuss
    • 5. 
      If the expenditure of company B in the year 2008 was Rs. 22,11, 430, what was its income in that year?

    • Options
    • A. Rs. 26,11,430
    • B. Rs. 27,11,430
    • C. Rs. 28,14,680
    • D. Rs. 32,09,670
    • Discuss
    • 6. 
      Madhava invested Rs. 1500 in Company 'B' in 2005 for two years with a condition to get the compound interest at the same rate as 2005. What was the amount of interest earned?

    • Options
    • A. Rs. 4387.75
    • B. Rs. 4578.50
    • C. Rs. 4578.75
    • D. Rs. 4837.50
    • Discuss
    • 7. 
      For which months did the sale of commodities A and D show increase?

    • Options
    • A. April only
    • B. May and June only
    • C. May, June and July only
    • D. April, May and June only
    • Discuss
    • 8. 
      If the sale of C was 100 in May, what was its sale in July?

    • Options
    • A. 195
    • B. 100
    • C. 90
    • D. Cannot be determined
    • Discuss
    • 9. 
      In which month is the average percentage increase for the four commodities the lowest? (Those months where decrease rook place to be ignored)

    • Options
    • A. May
    • B. March
    • C. January
    • D. June
    • Discuss
    • 10. 
      In which month(s) did all the commodities show decline or no increase from the previous months?

    • Options
    • A. July only
    • B. August only
    • C. April and July only
    • D. July and August only
    • Discuss


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