Dr Pooranmal and Ashfaq A Khan Solutions for Chapter: Simple Interest, Exercise 2: EXERCISE 15.2

Divide $₹6000$ into two parts so that the simple interest on the first part for $2$ years at $6\%$ per annum may be equal to the simple interest on the second part for $3$ years at $8\%$ per annum.

Find the simple interest on $₹2,250$ for $2\frac{1}{2}$ years at the same rate on which $₹5,250$ amounts to $₹5,932.50$ in $3\frac{1}{2}$ years.

The simple interest on a certain sum for $4$ years at $9\%$ per annum is $₹216$ less than the simple interest on the same sum for$3$ year at $18\%$ per annum. Find the sum.

Sam and Monty borrowed $₹2,250$ and $₹2,500$ respectively at the same rate of simple interest for $3\frac{1}{2}$ years. If monthly paid $₹140$ more interest than Sam. Find the rate of interest per annum.

A person deposited a sum of $₹9,000$ in a bank. After $2$ years he withdrew $₹4,000$ and at the end of $5$ years, he received an amount of $₹8,840$. Find the rate of simple interest.

A man invests $₹2,000$ for $3$ years. He also invests $₹1,600$ for the same period but at a rate $2\%$ higher than first. These transactions enable him to earn an interest of $₹996$ at the end of three years. Find the two rates of interest.

Amit deposited a sum of $₹8,000$ in a bank. After one year he withdraw $₹2,000$ and at the end of $3$ years, he received an amount of $₹7,929.60$. Find the rate of simple interest.

A man deposits $₹5,600$ in a bank at $3\frac{3}{4}\%$ annual interest. After $6$ months he withdraw $₹3,200$ and after $12$ months, he withdraws the remaining amount. How much does he get?