Home
Class 14
MATHS
A person lends out Rs 9000 on the con...

A person lends out Rs 9000 on the condition that the loan is payable in 10 months by 10 monthly equal instalments of Rs 1000 each. Find the rate of simple interest charged.

Text Solution

AI Generated Solution

Promotional Banner

Topper's Solved these Questions

  • RATIO AND PROPORTION

    RS AGGARWAL|Exercise All Questions|308 Videos

  • SIMPLIFICATION

    RS AGGARWAL|Exercise question|15 Videos

Similar Questions

Explore conceptually related problems

Rs 10 is to be paid in 11 monthly installment. If each installment is of Rs. 1. Find the rate of interest per annum.

A television set is sold for Rs. 9000 cash on Rs.1000 cash down followed by six equal instalments of Rs.1500 each. What is the rate of interest ?

A washing machine is available for Rs.13,500 cash or Rs.6,500 as cash down payment followed by three monthly instalments of Rs.2,500 each.Find the rate of interest charged under instalment plan.

A cycle costs Rs. 1500. If Rs 350 was paid as case payment and Rest amount was to be paid in 3 monthly installment of Rs. 400 . Find the Rate of Interest.

RS AGGARWAL-SIMPLE INTEREST-All Questions
  1. A sum of Rs 1550 is lent out into two parts, one at 8% and another ...

    Text Solution

    |

  2. Ashish borrowed a sum of money from a nationalised bank at 12% simp...

    Text Solution

    |

  3. A person lends out Rs 9000 on the condition that the loan is payabl...

    Text Solution

    |

  4. A man invested 1/3 of his capital at 7%; 1/4 at 8% and the re...

    Text Solution

    |

  5. What would be the simple interest obtained on an amount of Rs 5760 ...

    Text Solution

    |

  6. A farmer borrowed Rs 3600 at 15% simple interest per annum. At the ...

    Text Solution

    |

  7. Ram borrows Rs 520 from Gaurav at a simple interest of 13% per annu...

    Text Solution

    |

  8. At the rate of 8 1/2% p.a. simple interest, a sum of Rs 4800 wil...

    Text Solution

    |

  9. What will be the simple interest earned on an amount of Rs 16,800 i...

    Text Solution

    |

  10. The simple interest on Rs 1820 from March 9, 2012 to May 21, 2012 a...

    Text Solution

    |

  11. A shopkeeper with an overdraft facility at 18 percent with a bank b...

    Text Solution

    |

  12. A person borrows Rs 5000 for 2 years at 4% p.a. simple interest. He...

    Text Solution

    |

  13. Ramakant invested amounts in two different schemes A and B for five...

    Text Solution

    |

  14. Rs 1000 is invested at 5% per annum simple interest. If the interes...

    Text Solution

    |

  15. How much time will it take for an amount of Rs 450 to yield Rs 81 a...

    Text Solution

    |

  16. Asmita invests an amount of Rs 9534 @ 4 p.c.p.a. to obtain a total ...

    Text Solution

    |

  17. Deepak invested an amount of Rs 21250 for 6 years. At what rate of ...

    Text Solution

    |

  18. A sum of Rs 1600 gives a simple interest of Rs 252 in 2 years and 4...

    Text Solution

    |

  19. At what rate of simple interest per annum can an amount of Rs 1553....

    Text Solution

    |

  20. If simple interest on Rs 600 for 4 years and on Rs 600 for 2 years ...

    Text Solution

    |