You visited us 1 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard VIII

Mathematics

Rate Compounded Anually or Half-Yearly

How much shou...

Question

How much should money lender lend at simple rate of interest of $15 %$ in order to have Rs. $3234$ at the end of $1 \frac{1}{2}$ years?

Rs.

1640

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.

2620

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.

2610

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.

2640

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C Rs. $2640$
Let the required money be x. Then,
$(x + \frac{x \times 15}{100} \times \frac{3}{2}) = 3234$
or $\frac{49 x}{40} = 3234$
or $x = (\frac{3234 \times 40}{49}) = 2640$

Suggest Corrections

Similar questions

Q. A money lender lends

R s 14, 000

for

3

years to get a interest of

R s 2310

. At what rate percent p.a. did he charged the interest?

If Mathew wants to earn a simple interest of Rs. 500 by lending money to his friend at an interest of $10 %$ per annum for 5 years, how much money should he lend?

Ravi lends Rs.

3600

on simple interest to harsh for a period of

5

years.He lends the part of the amount at

4 %

interest and the rest at

6 %

and receives Rs.

960

as the amount of interest. how much money did he lend on

4 %

interest rate?

At a certain rate of simple interest $R s 4050$ amounts to $R s 4576.50$ in $2$ years. At the same rate of simple interest, how much would $R s 1$ lakh amount to in $3$ years?

Q. Data Ram lends equal sum of money at the same rate of interest to A and B. The money lends to A becomes twice of the original amount in just four years at simple interest. While Data Ram lends to B for the first two years at compound interest and for the rest two years at simple interest. If the difference between the amount of A and B after 4 years is Rs. 2750. What is the amount of money that Data Ram lends to each one?

Join BYJU'S Learning Program

How much should money lender lend at simple rate of interest of 15% in order to have Rs. 3234 at the end of 112 years?

The correct option is C Rs. 2640Let the required money be x. Then,(x+x×15100×32)=3234or 49x40=3234or x=(3234×4049)=2640

How much should money lender lend at simple rate of interest of $15 %$ in order to have Rs. $3234$ at the end of $1 \frac{1}{2}$ years?

The correct option is C Rs. $2640$
Let the required money be x. Then,
$(x + \frac{x \times 15}{100} \times \frac{3}{2}) = 3234$
or $\frac{49 x}{40} = 3234$
or $x = (\frac{3234 \times 40}{49}) = 2640$