Home
Class 14
MATHS
Ram bought a bike for Rs. 60,000 He paid...

Ram bought a bike for Rs. 60,000 He paid Rs. 10000 cash down and the rest at the end of 2 years at 15 % simple interset . How much more did he pay as simple interset ?

A

Rs 15,000

B

Rs 25,000

C

Rs. 35,000

D

Rs. 50,000

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TEST YOURSELF|25 Videos

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TYPE - V|9 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 man borrows Rs. 4000 and pays back after 5 years at 15% simple interest. The amount paid by the man is :

If Rs 6000 becomes Rs 6720 in 2 years at simple interest how much does a sum of Rs 10,000 becomes in 5 years at the same rate of simple interest?

A person invested a sum of Rs. 25,000 partly at 10% per annum simple interset and the rest at 12% per annum simple interset At the end of 2 years, the total interset received was Rs 5,640. The difference (in Rs) between the two parts of the sum is :

Ram Singh bought a refrigerator for Rs 4000 on credit. The rate of interest for the first year is 5% and of the second years is 15%. How much will it cost him if he pays the amount after two years.

KIRAN PUBLICATION-SIMPLE INTERSET-TYPE - VI
  1. Mohan lens Rs 500 to John and a certain sum to Tom at the same time a...

    Text Solution

    |

  2. What should be the least number of years in which the simple interest ...

    Text Solution

    |

  3. Ram bought a bike for Rs. 60,000 He paid Rs. 10000 cash down and the r...

    Text Solution

    |

  4. A sum of Rs, 7,930 is divided into three parts and given on loan at 5%...

    Text Solution

    |

  5. Rs 1,00,000 is kept for a boy of 12 years undera trust. Trustee invest...

    Text Solution

    |

  6. If A borrowed Rs. P at x% and B borrowed Rs Q (gt P) at y% per annum a...

    Text Solution

    |

  7. A money lender claims to lend money at the rate of 10% per annum simpl...

    Text Solution

    |

  8. Ramesh borrowed a sum at 5 per annum simple interset from Rahul, He re...

    Text Solution

    |

  9. A man buysa watch for Rs 1950 cash and sells it for Rs 2200 at a credi...

    Text Solution

    |

  10. A sum of Rs 400 amounts to Rs 480 in 4 years. What will it amount to I...

    Text Solution

    |

  11. A main loses Rs 55.50 yearly when the annual rate of intrest falls fro...

    Text Solution

    |

  12. If the annual rate of simple interest increases from 10% to 12(1)/(2) ...

    Text Solution

    |

  13. A sum of money was lent at simple interest at a certain rate for 3 yea...

    Text Solution

    |

  14. A man pay 4 paise tax on one rupee if he finds that the rate of intere...

    Text Solution

    |

  15. A sum becomes from Rs 2400 to Rs 3264 in 4 years at rate of simple int...

    Text Solution

    |

  16. Rs. 2300 is invested for 3 years in a scheme of simple interset at a r...

    Text Solution

    |

  17. The amount Rs 2,100 became Rs 2,352 in 2 years at simple interest. If ...

    Text Solution

    |

  18. The rate of simple intereset per annum of bank being decreased from 5%...

    Text Solution

    |

  19. Rohan borrowed a certain sum of money at simple interest. The rate of ...

    Text Solution

    |

  20. Albert invested an amount of x rupee in a fixed diposit scheme offerin...

    Text Solution

    |