Rithika had Rs 8000. She invested some of it in savings scheme P and the rest of

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Rithika had Rs 8000. She invested some of it in savings scheme P and the rest of the money in savings scheme Q. She invested for 3 years in savings scheme P and for 2 years in savings scheme Q. savings scheme P offers SI at a rate of 20% pa while savings scheme Q compounded annually at the rate of 30% pa. The interest received from savings scheme P is 930 more than the interest received from savings scheme Q. If Rs 1500 is debited from the invested amount of savings scheme P then find the difference between the amount invested by Rithika in savings scheme P & savings scheme Q.
Options
A. Rs 200
B. Rs 300
C. Rs 400
D. Rs 500

Correct Answer

Rs 500

Explanation

Amount invested in savings scheme P= Rs X

Amount invested in savings scheme Q= Rs (8000-X)

Compounding 30 % for 2 years , rate

30+30+ (30*30)/100= 69 %

60 % of X-69 % of (8000-X)=930

X= 5000

In savings savings scheme Q = 8000-5000=3000

5000 - 1500 = 3500

Difference =3500-3000=Rs 500

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1. Two partners invest Rs 12500 and Rs 8500 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets Rs 240 more than the other, find the total profit made in the business.
Options
A. 3250
B. 4050
C. 3550
D. 3150

2. A man has 3 sons, 2 daughters and a wife. They divided a sum of Rs 19000 among themselves such that each daughter got 1.5 times the amount received by each son and his wife received 600 less than each son. What is the total amount (in Rs) received by the 3 sons together?
Options
A. 2800
B. 3600
C. 5600
D. 8400

4. A, B and C received an amount of Rs 8400 and distributed among themselves in the ratio of 6 : 8 : 7 respectively. If they save in the ratio of 3 : 2 : 4 respectively and B saves Rs 400, then what is the ratio of the expenditures of A, B and C respectively?
Options
A. 6 : 8 : 7
B. 8 : 6 : 7
C. 9 : 14 : 10
D. 12 : 7 : 9

5. A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound interest at the rate of 20% per annum, 15% per annum and 10% per annum respectively, then what will be the ratio of their amounts after 1 year?
Options
A. 3 : 15 : 25
B. 6 : 6 : 5
C. 36 : 46 : 55
D. 12 : 23 : 11

6. U and V started a business by investing amounts Rs 184000 and Rs 224000 respectively. If U?s share in the profit received at the end of year is Rs 20700, then what will be the total profit (in Rs)earned by them together?
Options
A. 43200
B. 45900
C. 52300
D. 56400

7. U and V started a business by investing amounts Rs 184000 and Rs 224000 respectively. If U?s share in the profit received at the end of year is Rs 20700, then what will be the total profit (in Rs) earned by them together?
Options
A. 43200
B. 45900
C. 52300
D. 56400

9. A,B and C together start a business. Three times the investment of A equals four times the Investment of B and the Capital of B is twice that of C. The ratio of share of each in the profit.
Options
A. 8:3:6
B. 3:8:6
C. 3:6:8
D. 8:6:3

10. A and B start an enterprise together, with A as active partner. A invests Rs 4000 and Rs 2000 more after 8 months. B invests Rs 5000 and withdraws Rs 2000 after 9 months. Being the active partner, A takes Rs 100 per month as allowance, from the profit. What is the share of B if the profit for the year is Rs 6700?
Options
A. Rs 3350
B. Rs 3250
C. Rs 2700
D. Rs 2800

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