If a deposit of $2000 R s$ field an interest of $240 R s$ in $2$ years, hour much interest would a deposit of $5000 R s$ field in the same period of time?

Open in App

Solution

For rupees $2000 \to$ Interest $240$ rupees for $2$ years.
Rs. $2000 - 240$ Rs. Interest
So for Rs. $1000 - 120$ Rs. Interest so for same $2$ years for Rs. $5000 \to 5 \times 120$
$= 600$ Rs. Interest.

Suggest Corrections

Similar questions

Q. If a deposit of

R s .2000

yield an interest of

R s .500

3

years, how much interest would a deposit of

R s .36000

yield in the same period of time?

Q. Mohit deposited a sum of ₹ 12000 in a Bank at a certain rate of interest for 2 years and earns an interest of ₹ 900. How much interest would be earned for a deposit of ₹ 15000 for the same period and at the same rate of interest?

Question 72

If a deposit of Rs 2000 earns an interest of Rs. 500 in 3 years, how much interest would a deposit of Rs. 36000 earn in 3 years with the same rate of simple interest?

Amrita deposited ₹ 10,00,000 in a bank where the rate of interest is 10% compounded annually. She deposited it for a period of three years. Find the difference in the amount, if the interest is calculated in simple interest for the same sum of money and same rate of interest and period.

Shalini deposited ₹4,00,000 in a bank where she was promised an interest of 10%. She deposited it for two years. Find the difference between the amounts she would receive in case of interest being compounded annually and simple interest, for the same deposit.

Join BYJU'S Learning Program

If a deposit of 2000Rs field an interest of 240Rs in 2 years, hour much interest would a deposit of 5000Rs field in the same period of time?

For rupees 2000→ Interest 240 rupees for 2 years.Rs. 2000−240Rs. InterestSo for Rs. 1000−120Rs. Interest so for same 2 years for Rs. 5000→5×120=600 Rs. Interest.

If a deposit of $2000 R s$ field an interest of $240 R s$ in $2$ years, hour much interest would a deposit of $5000 R s$ field in the same period of time?

For rupees $2000 \to$ Interest $240$ rupees for $2$ years.
Rs. $2000 - 240$ Rs. Interest
So for Rs. $1000 - 120$ Rs. Interest so for same $2$ years for Rs. $5000 \to 5 \times 120$
$= 600$ Rs. Interest.