Raghav lent ₹7,500 to Gopal for three years and ₹5,000 to Sachin for four years on simple interest at the same rate of interest, and received ₹3,570 in all from both as interest. The interest paid by Sachin is:
A₹1,580
B₹1,680
C₹1,500
D₹1,600
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Related Questions:
Find the number of years in which an amount invested at 8% p.a. simple interest doubles itself.
4 വർഷത്തേക്ക് പ്രതിവർഷം ഒരു നിശ്ചിത പലിശ നിരക്കിൽ ഒരു തുക നിക്ഷേപിച്ചു. പലിശ നിരക്ക് 2% കൂടുതലായിരുന്നെങ്കിൽ, നിക്ഷേപിച്ച തുകയ്ക്ക് ഈ 4 വർഷത്തിനുള്ളിൽ പലിശയായി 640 രൂപ കൂടുതൽ ലഭിക്കുമായിരുന്നു. നിക്ഷേപിച്ച തുക എത്രയായിരുന്നു?
Two banks, A and B, offered loans at 3.5% and 6% per annum, respectively. David borrowed an amount of ₹480000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by David after 4 years.
An amount of Rs. P was put at simple interest at a certain rate for 4 years. If it had been put at a 6% higher rate for the same period, it would have fetched Rs. 600 more interest. What is the value of 2.5 P?
How long will a sum of money take to double, if it is invested at 9.09% p.a. simple interest?