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 5 of 6.
Gayu said:
1 decade ago
Here, 6 is the correct answer.
15500-12500=3000.
Formula:
SI=PNR/100.
3000=12500*4*R/100.
3000*100/12500*4=R.
300000/50000=R.
R=6%.
15500-12500=3000.
Formula:
SI=PNR/100.
3000=12500*4*R/100.
3000*100/12500*4=R.
300000/50000=R.
R=6%.
Ruturaj said:
1 decade ago
He calculation used to calculate rate gives out 150 not 6.
Karuna said:
1 decade ago
"R" means what?
Jenson said:
1 decade ago
A boy saves Rs.4.65 daily. Find the least number of days in which he will be able to save an exact number of rupees.
Can anyone get me answer for this ?
Can anyone get me answer for this ?
Aayush Bhatnagar said:
1 decade ago
The calculation used to calculate rate gives out 30 as the answer.
[(3000 x 100)/(12500 x 4)] = 30. NOT 6.
Can anyone throw a light on this?
[(3000 x 100)/(12500 x 4)] = 30. NOT 6.
Can anyone throw a light on this?
S.gowthami said:
1 decade ago
In that question we are having 3 rate values,so we substitue one by one values then we get the corrct values.for example:
p=12500
n=4
r=3 or 4 or 5 or 6
If we sub:3
12500*4*3/100=1500
1500+12500=14000,we are not getting the correct amount value then
We sub another,
12500*6*4/100=3000
3000+12500=15500,
Now we got the correct value.
p=12500
n=4
r=3 or 4 or 5 or 6
If we sub:3
12500*4*3/100=1500
1500+12500=14000,we are not getting the correct amount value then
We sub another,
12500*6*4/100=3000
3000+12500=15500,
Now we got the correct value.
Abhishek said:
1 decade ago
Is it like
Amount= P + S.I
Amount= P + (P*T*R)/100 ?
Amount= P + S.I
Amount= P + (P*T*R)/100 ?
Yeswanth said:
1 decade ago
Still I deosn't understand why we have to consider SI as sub 1550 from12500.
Juhi said:
1 decade ago
Amount = principal + simple interest.
Dats why we subtracted amount and principal to have the simple interest.
Dats why we subtracted amount and principal to have the simple interest.
Priyanka said:
1 decade ago
@answer me
To get amount of S.I. for four years..
To get amount of S.I. for four years..
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