Home
Class 14
MATHS
A man borrows money at 3% per annum inte...

A man borrows money at 3% per annum interest payable yearly and lend it immediately at 5% interest (compound) payable half-yearly and therebygains₹330 at the end of the year. The sum borrowed is

A

Rs. 17000

B

Rs. 16500

C

Rs. 15000

D

Rs. 16000

Text Solution

Verified by Experts

Promotional Banner

Topper's Solved these Questions

  • 2012 TIER-II PAPER(22)

    CHAMPION PUBLICATION|Exercise EXERCISE|100 Videos

  • 2013 TIER-II PAPER(21)

    CHAMPION PUBLICATION|Exercise EXERCISE|100 Videos

Similar Questions

Explore conceptually related problems

A man borrows some money at 3% simple interest per annum and lends it to somebody at 5% interest to be compounded annually. By this he makes a profit of Rs. 541 at the end of 3 years. The money he borrowed was

A moneylender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way he gains Rs. 104.50 a year. The amount of money he borrows, is

A money-lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half-yearly and receives the interest at the end of the year. In this way, he gains Rs 104.50 a year. The amount of money he borrows, is (a) Rs 4500 (b) Rs 5000 (c) Rs 5500 (d) Rs 6000

in how many years a sum of money trebles at 5% pa.compound interest payable on half yearly basis?

CHAMPION PUBLICATION-2013 TIER-II PAPER(20)-EXERCISE
  1. If there is a profit of 20% on the cost price of an article, the per c...

    Text Solution

    |

  2. By selling an article for Rs. 102,there is loss of 15%, when the artic...

    Text Solution

    |

  3. Two toys are sold at Rs 504 each. One toy brings the dealer a gain of ...

    Text Solution

    |

  4. A sold a horse to B for Rs. 4800 by losing 20%. B sells it to C at a p...

    Text Solution

    |

  5. If side of a cube is increased by 10%, by how much per cent does its v...

    Text Solution

    |

  6. A reduction of 21% in the price of wheat enables a person to buy 10.5 ...

    Text Solution

    |

  7. The number that is to be added to 10% of 320 to have the sum as 30% of...

    Text Solution

    |

  8. The strength of a school increases and decreases in every alternate ye...

    Text Solution

    |

  9. Two trains of equal length are running on parallel lines in the same d...

    Text Solution

    |

  10. A car driver leaves Bangalore at 8.30 A.M and expects to reach a place...

    Text Solution

    |

  11. A train 300 m long is running with a speed of 54km/hr. In what time wi...

    Text Solution

    |

  12. A man is walking at a speed of 10kmph. After every km, he takes a rest...

    Text Solution

    |

  13. A man borrows money at 3% per annum interest payable yearly and lend i...

    Text Solution

    |

  14. Two years ago, the value of my motorbike was Rs. 62500. If the value ...

    Text Solution

    |

  15. If the compound interest on a sum for 2 years at 12(1)/2% per annum i...

    Text Solution

    |

  16. A watch company produced four different products. The sales of these p...

    Text Solution

    |

  17. A watch company produced four different products. The sales of these p...

    Text Solution

    |

  18. A watch company produces four different products. The sate of these pr...

    Text Solution

    |

  19. A watch company produced four different products. The sales of these p...

    Text Solution

    |

  20. A watch company produced four different products. The sales of these p...

    Text Solution

    |