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

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.