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A money lender finds that due to a fa...

A money lender finds that due to a fall in the annual rate of interest from 8% to `7 3/4%` , his yearly income diminishes by Rs 61.50. His capital is (a) Rs 22,400 (b) Rs 23,800 (c) Rs 24,600 (d) Rs 26,000

A

Rs. 22400

B

Rs. 23800

C

Rs. 24600

D

Rs. 26000

Text Solution

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The correct Answer is:
C
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S CHAND IIT JEE FOUNDATION-SIMPLE INTEREST -Questions Bank
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  3. A money lender finds that due to a fall in the annual rate of inter...

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  5. Rs.800 becomes Rs.956 in 3 years at a certain rate of simple interest....

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  6. In how many years, Rs 150 will produce the same interest @ 8% as Rs...

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  7. what will be the ratio of simple interest earned by certain amount at ...

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  8. A sum of money at simple interest amounts to Rs 815 in 3 years and ...

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  9. A person invested part of ₹45000 at 4% and the rest at 6%. If his annu...

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  10. Rs 6000 becomes Rs 7200 in 4 years at a certain rate of simple inte...

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  11. A certain sum of money becomes three times of itself in 20 years at...

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  12. The sum of money that will give Rs. 1 as simple interest per day the r...

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  13. Simple interest on Rs 500 for 4 years at 6.25% per annum is equal t...

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  14. A borrows Rs. 800 at the rate of 12% per annum simple interest and B b...

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  15. If the simple interest on a certain sum for 15 months at 7 1/2% per...

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

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  17. Simple interest on a certain amount is 9/(16) of the principal. ...

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  18. A person lends 40% of his sum of money at 15% per annum, 50% of rest a...

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  19. The rates of simple interest in two banks A and B are in the rat...

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  20. A person lent a certain sum of money at 4% simple interest and in 5 ye...

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