UPSC Exam  >  UPSC Questions  >  If the difference between simple is intrest o... Start Learning for Free
If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.?
Most Upvoted Answer
If the difference between simple is intrest on rs.4000 and 6500 for 5 ...



Given:
Principal amount for first case (P1) = Rs. 4000
Principal amount for second case (P2) = Rs. 6500
Difference in interest (I) = Rs. 800
Time (t) = 5 years

Finding the Rate of Interest:
- Let the rate of interest be 'r' per annum
- Using the formula for simple interest: I = P * r * t
- For the first case: 800 = 4000 * r * 5
- For the second case: 800 = 6500 * r * 5
- Solving the above equations, we get r = 0.04 or 4%

Therefore, the rate of interest is 4% per annum.
Explore Courses for UPSC exam

Top Courses for UPSC

If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.?
Question Description
If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.?.
Solutions for If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? defined & explained in the simplest way possible. Besides giving the explanation of If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.?, a detailed solution for If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? has been provided alongside types of If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? theory, EduRev gives you an ample number of questions to practice If the difference between simple is intrest on rs.4000 and 6500 for 5 years be rs 800at a same rate of interest per annum.then the rate of interest is.? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev