Aptitude - Compound Interest - Discussion

Discussion Forum : Compound Interest - General Questions (Q.No. 11)
11.
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
Rs. 1550
Rs. 1650
Rs. 1750
Rs. 2000
Answer: Option
Explanation:

C.I.
= Rs. 4000 x 1 + 10 2 - 4000
100
= Rs. 4000 x 11 x 11 - 4000
10 10
= Rs. 840.

Sum = Rs. 420 x 100 = Rs. 1750.
3 x 8

Discussion:
40 comments Page 3 of 4.

Dipta said:   9 years ago
Can I do it like this?

[(3 * 8 * P) / 100] = 1/2[4000 (1 +10/100) ^2 - 4000].

MALINI MADHAVAN said:   9 years ago
@Rakesh.

Thank you very much for giving the clear explanation.

Jankrish said:   4 years ago
400 * 2 + 40 = 840.
S.I = 420.
p = (100 * 420/3 * 8) = 1750.
(4)

Diya sharma said:   9 years ago
Please, any body explain it in a proper way and completely.

Ishu said:   1 decade ago
What is the formula for sum? Can anyone please explain me?

Saraswati said:   7 years ago
400*2+40=840.
S.I = 420
p = (100*420/3*8) = 1750.

Sandeep Kumar said:   2 years ago
Anyone, please help me to get this in detail.

Preeti gupta said:   5 years ago
I am not getting this. Please explain to me.
(2)

Yoga sandhya said:   1 decade ago
could any one explain it clearly..........

Prashant said:   1 decade ago
Is there any short cut for this question?


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