Home
Class 14
MATHS
Akbar lends twice the interest received ...

Akbar lends twice the interest received from' Birbal to Chanakya at the half of the interest at which he lent to Birbal. If Akbar lent ₹ P@ `r%` per annum for 1 year to Birbal -then the interest received by Akbar from Chanakya is:

A

(Pr^2)/100`

B

`((Pr)/10)^2`

C

`P(r/10)^2`

D

`P(r/100)^2`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break down the information provided: 1. **Understanding the Lending to Birbal**: - Akbar lends an amount \( P \) at an interest rate of \( r\% \) per annum for 1 year to Birbal. - The interest received by Akbar from Birbal can be calculated using the formula for simple interest: \[ \text{Interest from Birbal} = \frac{P \times r \times 1}{100} = \frac{Pr}{100} \] 2. **Lending to Chanakya**: - According to the problem, Akbar lends twice the interest received from Birbal to Chanakya. Therefore, the amount lent to Chanakya is: \[ \text{Amount lent to Chanakya} = 2 \times \text{Interest from Birbal} = 2 \times \frac{Pr}{100} = \frac{2Pr}{100} \] 3. **Interest Rate for Chanakya**: - The interest rate at which Akbar lends to Chanakya is half of the interest rate at which he lent to Birbal. Thus, the interest rate for Chanakya is: \[ \text{Rate for Chanakya} = \frac{r}{2} \] 4. **Calculating Interest from Chanakya**: - Now, we can calculate the interest received from Chanakya using the same simple interest formula: \[ \text{Interest from Chanakya} = \frac{\text{Principal} \times \text{Rate} \times \text{Time}}{100} \] - Substituting the values: \[ \text{Interest from Chanakya} = \frac{\left(\frac{2Pr}{100}\right) \times \left(\frac{r}{2}\right) \times 1}{100} \] - Simplifying this: \[ = \frac{2Pr \times \frac{r}{2}}{100 \times 100} = \frac{Pr^2}{10000} \] 5. **Final Result**: - Therefore, the interest received by Akbar from Chanakya is: \[ \text{Interest from Chanakya} = \frac{Pr^2}{10000} \]
Promotional Banner

Topper's Solved these Questions

  • AVERAGES

    QUANTUM CAT|Exercise QUESTION BANK|171 Videos
  • CO-ORDINATE GEOMETRY

    QUANTUM CAT|Exercise QUESTION BANK|72 Videos

Similar Questions

Explore conceptually related problems

Raju borrowed Rs 15,000 from Mahesh at the rate of 15% per annum under simple interest for 3 years. Raju lent some part of money at 20% per annum at simple interest for 3 years and the remaining part at 12% per annum at simple interest for 3 years. If the interest received payable, then find the sum he lent at 20% simple interest?

A sum of Rs 800is lent for one year at the rate of 18% per annum.Find the interest.

A sum of ₹ 3460 is lent at simple interest. If the rate of interest is 5% per annum, then what will be the simple interest for 5 years?

A sum of Rs 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?

A sum of Rs.400 is lent at the rate of 5% per annum.Find the interest at the end of 2 years.

A sum of ₹ 4000 is lent on simple interest at the rate of 10% per annum. Simple interest for 5 years is how much more than the simple interest for 3 years?

QUANTUM CAT-CI/ SI/ INSTALMENTS-QUESTION BANK
  1. The compound interest on a certain sum for 2 years is ₹ 756 and SI (si...

    Text Solution

    |

  2. Jalela and Dalela have to clear their respective loans by paying 3 equ...

    Text Solution

    |

  3. Akbar lends twice the interest received from' Birbal to Chanakya at th...

    Text Solution

    |

  4. Equal amounts of a each ₹ 43892 is lend to two persons for 3 years One...

    Text Solution

    |

  5. Rs. 3500 was lent partly @ 4% and partly @ 6% SI. The total interest r...

    Text Solution

    |

  6. The population of vultures in a particular locality is decreases by a ...

    Text Solution

    |

  7. The ratio of the amount for two years under CI annually and for one ye...

    Text Solution

    |

  8. A man wants to purchase of T.V. of Rs. 9000. He paid Rs 2200 at the ti...

    Text Solution

    |

  9. Data Ram lends equal sum of money at the same rate of interest to, A a...

    Text Solution

    |

  10. Akram Ali left an amount of ₹ 340000 to be divided between his two son...

    Text Solution

    |

  11. Satyam took loan from IDIDI Bank for his 2 years course of MBA at IMD....

    Text Solution

    |

  12. We had 1000 goats at the beginning of year 2001 and the no. of goats e...

    Text Solution

    |

  13. ₹ 100000 was invested by Mohan in a fixed deposit @ 10% per annum at C...

    Text Solution

    |

  14. A property dealer bought a rectangular plot (of land) in Noida 5 years...

    Text Solution

    |

  15. A and B run a joint venture in which the profit earned by A and B are ...

    Text Solution

    |

  16. In the previous problem

    Text Solution

    |

  17. Arvind and Govind each invested ₹ 15000 for 3 years at the same rate o...

    Text Solution

    |

  18. Shyam Lal takes a loan of ₹ 10500 at 10% p.a. compounded annually whic...

    Text Solution

    |

  19. Hari Lal and Hari Prasad have equal amounts. Hari Lal invested all his...

    Text Solution

    |

  20. The annual sales of a company in the year 2000 was Rs. 1000 and in the...

    Text Solution

    |