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- Question
Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in thesetwo bonds?
Options- A. Rs.2543
- B. Rs.2534
- C. Rs.2546
- D. Rs.2750
- Correct Answer
- Rs.2750
ExplanationShawn received an extra amount of (Rs.605 ? Rs.550) Rs.55 on his compound interest paying bond as the interest that he received in the first year also earned interest in the second year.
The extra interest earned on the compound interest bond = Rs.55
The interest for the first year =550/2 = Rs.275
Therefore, the rate of interest = = 20% p.a.
20% interest means that Shawn received 20% of the amount he invested in the bonds as interest.
If 20% of his investment in one of the bonds = Rs.275, then his total investment in each of the bonds = = 1375.
As he invested equal sums in both the bonds, his total savings before investing = 2 x 1375 =Rs.2750.
- 1. 0.0169 / 0.013=?
Options- A. .13
- B. .013
- C. 1.3
- D. 13 Discuss
- 2. Two posts are x meter apart and the height of one is double that of the other. If from the midpoint of the line joining their feet, an observer finds the angular elevations of their tops to be complementary, then the height (in meter) of the shorter post is :
Options- A. x 2 ?2
- B. x 4
- C. x ?2
- D. x ?2 Discuss
- 3. If p/q =4/5, then the value of 4/7 + {(2q - p) / (2q + p)} is?
Options- A. 3 / 7
- B. 34
- C. 1
- D. 2 Discuss
- 4. What is 25% of 25% is equal to?
Options- A. 6.25
- B. .625
- C. .0625
- D. .000625 Discuss
- 5. The number .05 is hoe many percent of 20?
Options- A. 25
- B. .025
- C. .25
- D. 2.5 Discuss
- 6. Find the lowest common multiple of 24, 36 and 40.
Options- A. 120
- B. 240
- C. 360
- D. 480 Discuss
- 7. 8 1/ 3% expressed as a fraction is?
Options- A. 25/3
- B. 3/25
- C. 1/12
- D. 1/4 Discuss
- 8. .025 in terms of term of rate per cent is?
Options- A. .25%
- B. 2.5%
- C. 0.25%
- D. 371/2% Discuss
- 9. What percentage of 2/7 is 1/35?
Options- A. 2.5%
- B. 10%
- C. 25%
- D. 20% Discuss
- 10. A sum of ? 4000 is lent out in two parts, one at 8% simple interest and other at 10% simple interest. If the annual interest is ? 352, the sum lent at 8% is
Options- A. ? 1600
- B. ? 2400
- C. ? 1800
- D. ? 2800 Discuss
More questions
Correct Answer: 1.3
Explanation:
0.0169 / 0.0130 = 169 / 130
= 13 / 10
Correct Answer: x 2 ?2
Explanation:
Correct Answer: 1
Explanation:
Given Exp. = 4 / 7 + {(2q - p) / (2q + p)}
Dividing numerator as well as denominator by q,
Exp = 4/7 + {2-p/q) / (2 + p/q)}
= 4/7 + {(2 - 4/5) / (2 + 4/5)}
= 4/7 + 6/14
= 4/7 + 3/7
=7/7
=1.
Correct Answer: .0625
Explanation:
25% of 25% = (25/100) x (25/100) = 625/10000 = 0.625
Correct Answer: .25
Explanation:
Let y% of 20 = .05
Then, (y x 20)/100 = .05
? y = .25
Correct Answer: 360
Explanation:
2 | 24 - 36 - 40 -------------------- 2 | 12 - 18 - 20 -------------------- 2 | 6 - 9 - 10 ------------------- 3 | 3 - 9 - 5 ------------------- | 1 - 3 - 5 L.C.M. = 2 x 2 x 2 x 3 x 3 x 5 = 360.
Correct Answer: 1/12
Explanation:
81/3% = (25/3 x 1/100) = 1/12
Correct Answer: 2.5%
Explanation:
.025 = (25/1000) x 100% = 2.5%
Correct Answer: 10%
Explanation:
Let N% of 2/7 is 1/35
? (2/7 x N) / 100 = 1/35
? N = 1/35 x 7/2 x 100 = 10%
Correct Answer: ? 2400
Explanation:
Let the money interest at 8% interest be ? P .
Then, the money interest at 10% interest = ?(4000 - P)
According to the question,
(P x 8 x 1)/100 + [(4000 - P) x 10 x 1]/100 = 352
? 8P + 40000 - 10P = 35200
? 40000 - 35200 = 2P
? P = 4800/2 = ? 2400
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