Home
Class 14
MATHS
For what sum will the simple interest at...

For what sum will the simple interest at R % per annum for 2 years will be R ?

A

Rs. `(100)/(2R)`

B

Rs.50

C

Rs.`(100)/(R )`

D

Rs. `(200)/(R )`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the principal sum (P) for which the simple interest (SI) at a rate of R% per annum for 2 years will equal R. ### Step-by-Step Solution: 1. **Understand the Simple Interest Formula**: The formula for simple interest is given by: \[ SI = \frac{P \times R \times T}{100} \] where: - \( SI \) = Simple Interest - \( P \) = Principal amount (the sum we want to find) - \( R \) = Rate of interest (in percentage) - \( T \) = Time (in years) 2. **Substitute the Given Values**: According to the problem: - Simple Interest \( SI = R \) - Rate \( R = R\% \) - Time \( T = 2 \) years Substitute these values into the formula: \[ R = \frac{P \times R \times 2}{100} \] 3. **Rearrange the Equation**: To isolate \( P \), we can rearrange the equation: \[ R = \frac{2PR}{100} \] Multiply both sides by 100 to eliminate the fraction: \[ 100R = 2PR \] 4. **Divide Both Sides by R**: Assuming \( R \neq 0 \), we can divide both sides by \( R \): \[ 100 = 2P \] 5. **Solve for P**: Now, divide both sides by 2: \[ P = \frac{100}{2} = 50 \] Thus, the principal sum \( P \) for which the simple interest at R% per annum for 2 years will equal R is **50**. ### Final Answer: The required sum is **50**.
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TYPE - II|17 Videos
  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TYPE - III|5 Videos
  • SEQUENCE AND SERIES

    KIRAN PUBLICATION|Exercise TEST YOURSELF |20 Videos
  • SIMPLIFICATION

    KIRAN PUBLICATION|Exercise TEST YOURSELF|25 Videos

Similar Questions

Explore conceptually related problems

A sum was borrowed at simple interest at R% per annum for 2 years. If it had been borrowed at (R+5)% per annum it would have become Rs 200 more. Find the sum (in Rs).

A sum becomes Rs. 2916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be

If the compound interest on a certain sum for two years at 12% per annum is ₹ 2,544, the simple interest on it at the same rate for 2 years will be

A certain sum amounts to Rs. 9243.20 in 1^(1/2) years at 4% p.a. simple interest. What will be the simple interest on the same sum for 7^(1/2) years at 8% per annum?

A sum of Rs 2,000 invested at 9.25% simple interest per annum for 4 years will yield an interest of

Find the difference between the compound interest and the simple interest for the sum Rs. 625 at 8% per annum for 2 years.

For a certain sum, the simple interest in 2 yr at 8% per annum is ? 90 more than the simple interest in 1.5 yr at the rate of 10% per annum for the same sum. Find the sum

For a certain sum, the simple interest in 2 yr at 8% per annum is 110 more than the simple interest in 1 yr at the rate of 5% per annum for the same sum. Find the sum.

A sum invested at 5% simple interest per annum increase to Rs. 504 in 4 years. The same amount at 10% simple interest per annum in 2(1)/(2) years will grow to-:

What will be the difference between the compound iinterest and simple interest on a sum of Rs. 100 at 10% per annum for 2 years ?

KIRAN PUBLICATION-SIMPLE INTERSET-TEST YOURSELF
  1. For what sum will the simple interest at R % per annum for 2 years wil...

    Text Solution

    |

  2. Find the interset on Rs 1460 at 10 % from 5th february, 1992 to 25th A...

    Text Solution

    |

  3. Find the amount Ram will get after 2 years when he invests Rs 15000 at...

    Text Solution

    |

  4. At what rate per annum will a sum of Rs 5000 amount to Rs 6000 in 4 ye...

    Text Solution

    |

  5. Ram lent Rs 1200 to Shyam for 5 years and Rs 1500 to Mohan for 2 years...

    Text Solution

    |

  6. A certain amount becomes Rs 2800 in 3 years and Rs 3000 in 5 years. Fi...

    Text Solution

    |

  7. In 4 years. Rs 6000 amounts to Rs 8,000. In what time at the same rate...

    Text Solution

    |

  8. In how many years will a sum of money double itself at 5 % per annum r...

    Text Solution

    |

  9. A man lends a certain sum of money and gets an interest equal to (1)/(...

    Text Solution

    |

  10. A Co-operative Bank gives H.B. loans under the condition that if the l...

    Text Solution

    |

  11. A person on retirement gets Rs. 3,20,000 from his gratuity and P.F. He...

    Text Solution

    |

  12. A person made a fixed deposit of Rs. 30,000 ina bank for 5 years at 10...

    Text Solution

    |

  13. Rahim lent a sum to Anil at a simple interest of 10% per annum, and at...

    Text Solution

    |

  14. A man borrowed Rs 16000 from two persons. He paid 6 % interest to one ...

    Text Solution

    |

  15. A borrowed Rs 1500 at 4 % per annum and Rs 1400 at 5 % per annum for t...

    Text Solution

    |

  16. Find the annual installment that will discharge a debt of Rs. 12900 du...

    Text Solution

    |

  17. A certain sum of money amounts to Rs 6780 in 2 years and to Rs 7360.50...

    Text Solution

    |

  18. If Rs 5600 amounts to Rs 6678 in 3(1)/(2) years, what will Rs 9600 amo...

    Text Solution

    |

  19. A man promises to his wife a birthday present, given her each year a n...

    Text Solution

    |

  20. Divided Rs 6800 into two part so that S.I. on the first part for 3(1)/...

    Text Solution

    |

  21. If is decided that a loan of Rs 10,000 will be paid off at the rate of...

    Text Solution

    |