Home
Class 14
MATHS
In 4 years. Rs 6000 amounts to Rs 8,000....

In 4 years. Rs 6000 amounts to Rs 8,000. In what time at the same rate will Rs 525 amount to Rs 700 ?

A

5 years

B

3 years

C

4 years

D

None of these

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the logic presented in the video transcript. ### Step 1: Understand the Given Information We know that in 4 years, Rs. 6000 amounts to Rs. 8000. - Principal (P) = Rs. 6000 - Amount (A) = Rs. 8000 - Time (T) = 4 years ### Step 2: Calculate the Simple Interest (SI) Simple Interest can be calculated using the formula: \[ \text{SI} = \text{Amount} - \text{Principal} \] So, \[ \text{SI} = 8000 - 6000 = 2000 \] ### Step 3: Calculate the Annual Simple Interest Since the simple interest of Rs. 2000 is earned in 4 years, we can find the interest earned in 1 year: \[ \text{SI per year} = \frac{2000}{4} = 500 \] ### Step 4: Calculate the Rate of Interest (R) Now, we can find the rate of interest using the formula: \[ \text{SI} = \frac{P \times R \times T}{100} \] Rearranging the formula to find R: \[ R = \frac{\text{SI} \times 100}{P \times T} \] Substituting the values: \[ R = \frac{500 \times 100}{6000 \times 1} = \frac{50000}{6000} = \frac{25}{3} \% \] ### Step 5: Set Up the Second Case Now we need to find out how long it will take for Rs. 525 to amount to Rs. 700 at the same rate of interest. - New Principal (P) = Rs. 525 - New Amount (A) = Rs. 700 ### Step 6: Calculate the New Simple Interest (SI) Using the same formula for SI: \[ \text{SI} = A - P = 700 - 525 = 175 \] ### Step 7: Use the SI Formula to Find Time (T) Using the SI formula again: \[ \text{SI} = \frac{P \times R \times T}{100} \] Rearranging to find T: \[ T = \frac{\text{SI} \times 100}{P \times R} \] Substituting the values: \[ T = \frac{175 \times 100}{525 \times \frac{25}{3}} \] ### Step 8: Simplify the Equation Calculating the denominator: \[ 525 \times \frac{25}{3} = \frac{13125}{3} = 4375 \] Now substituting back into the equation for T: \[ T = \frac{17500}{4375} \] ### Step 9: Perform the Division Now we can simplify: \[ T = 4 \text{ years} \] ### Final Answer Thus, it will take **4 years** for Rs. 525 to amount to Rs. 700 at the same rate of interest. ---
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTERSET

    KIRAN PUBLICATION|Exercise TYPE - VI|51 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

In 4 years, Rs 6000 amounts to Rs 8000. In what time at the same rate will Rs 525 amount to Rs 700? (a) 2 years (b) 3 years (c) 4 years (d) 5 years

Rs. 6000 amounts to Rs . 7986 in 3 years at Cl. The rate of interest is :

If Rs. 500 amounts to the Rs. 725 at 9% simple interest in some time, what will Rs. 600 amount to at 11% in the same time?

In what time Rs. 4250 amounts to Rs. 5610 at the rate 8% per annum?

In how much time (in years) will Rs. 10000 amount to Rs. 15000 at simple interst at the rate of 5% per annum ?

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

KIRAN PUBLICATION-SIMPLE INTERSET-TEST YOURSELF
  1. Ram lent Rs 1200 to Shyam for 5 years and Rs 1500 to Mohan for 2 years...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  18. A perseon takes loan of Rs 4,000 on the condition that he would pay it...

    Text Solution

    |

  19. Mr. Anand deposited a total amount of Rs. 65000 in three different sch...

    Text Solution

    |

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

    Text Solution

    |