Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 6)
6.
A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
Answer: Option
Explanation:
S.I. = Rs. (15500 - 12500) = Rs. 3000.
| Rate = |  |
100 x 3000 |  % |
= 6% |
| 12500 x 4 |
Video Explanation: https://youtu.be/SIcQu1HOmOk
Discussion:
51 comments Page 1 of 6.
Sujitha said:
2 months ago
Don't take this sum as seriously it's a very easy concept right..
They have already given the principal as 12500 and the amount is 15500.we know about tthe otal amount formula
Sol:
T.A=pricipal - interest.
So , sum and amount are there so we need to find SI only >>>>
15500 - 12500 = int >
3000=int>
N = 4yr.
R=?
Pnr/100=si.
12500 × 4 × R/100 = 3000.
R=6%.
They have already given the principal as 12500 and the amount is 15500.we know about tthe otal amount formula
Sol:
T.A=pricipal - interest.
So , sum and amount are there so we need to find SI only >>>>
15500 - 12500 = int >
3000=int>
N = 4yr.
R=?
Pnr/100=si.
12500 × 4 × R/100 = 3000.
R=6%.
(1)
Sulthan shareef said:
3 years ago
15500-12500 = 3000.
100 * 3000 = 30000.
12500 * 4 = 50000.
100*30000/12500 * 4 = 6.
100 * 3000 = 30000.
12500 * 4 = 50000.
100*30000/12500 * 4 = 6.
(5)
Karthik said:
3 years ago
You can solve by percentage method;
Simple interest is 3000 for 4years,
So 3000/12500x100% = 24%,
24/4 = 6,
Ans is 6.
Simple interest is 3000 for 4years,
So 3000/12500x100% = 24%,
24/4 = 6,
Ans is 6.
(14)
RAVAAN said:
5 years ago
15500 - 12500 = 3000.
100% = 12500,
= 3000.
=> 24% for 4 years ,
Then 1 year = 6%.
100% = 12500,
= 3000.
=> 24% for 4 years ,
Then 1 year = 6%.
(3)
SK SAFIQUR RAHEMAN said:
5 years ago
Amount = Principal+S.I.
=>S.I. = Amount - Principle.
=>S.I.= 15500-12500 = 3000 (S.I. for 4 years).
As S.I. is same in every year,So 1st yr=750.
12500*X/100 = 750.
=>X=750/125= 6%.
=>S.I. = Amount - Principle.
=>S.I.= 15500-12500 = 3000 (S.I. for 4 years).
As S.I. is same in every year,So 1st yr=750.
12500*X/100 = 750.
=>X=750/125= 6%.
(2)
Bombay said:
6 years ago
I = Pin
where I = is the amount of interest
P = present amount
i = rate of interest
n = number of years
If Future Amount is 15500 and
Present amount is 12500. Therefore 3000 is the amount of interest.
F = P + I.
Then;
I = Pin/
3000 = 12500 * 4 years.
i = 0.06 *100.
= 6%.
where I = is the amount of interest
P = present amount
i = rate of interest
n = number of years
If Future Amount is 15500 and
Present amount is 12500. Therefore 3000 is the amount of interest.
F = P + I.
Then;
I = Pin/
3000 = 12500 * 4 years.
i = 0.06 *100.
= 6%.
(2)
Kumar said:
6 years ago
Here, it is taken 12500 and returns 15500, that means the total amount of interest given is 15500 - 12500 = 3000.
(1)
Rohit said:
6 years ago
Principal amount = 12,500.
Period = 4 Years.
Rate = Find.
So,
S.I = (15,500-12500) = 3000.
Rate ={100 x 3000/12,500/4} = 6%.
Period = 4 Years.
Rate = Find.
So,
S.I = (15,500-12500) = 3000.
Rate ={100 x 3000/12,500/4} = 6%.
(1)
Nive said:
6 years ago
Let me explain guys
12500 is the actual amount after 4 years amount will be 15,500 with simple interest alright so that we need to find what per cent of interest they paid for 12,500.
15,500-12500
3000.
SI = PTR/100.
Si = 100*r/p*t.
100*3000/12500*4,
6%.
12500 is the actual amount after 4 years amount will be 15,500 with simple interest alright so that we need to find what per cent of interest they paid for 12,500.
15,500-12500
3000.
SI = PTR/100.
Si = 100*r/p*t.
100*3000/12500*4,
6%.
(1)
Geelani said:
6 years ago
Simple To get per year S.I.
15500 -12500 = 750,
Then keep anyone sum as 100%.
100% = 12500,
Then,
X = 750 *100/12500.
X = 6.
15500 -12500 = 750,
Then keep anyone sum as 100%.
100% = 12500,
Then,
X = 750 *100/12500.
X = 6.
(1)
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