Page 128 - New Medley 5 Semester 2

Worksheet–4 • Productivity and Accountability

1. A sum of `20,000 was borrowed for 2 years at 7% per annum. Find the

simple interest and amount.

2. A sum of money borrowed for 3 years at 4% per annum earned an

interest of `24000. What was the sum borrowed?

3. `30,000 were borrows at 6% per annum. The loan was cleared by giving

`37,200. After how many years was the loan cleared?

4. A sum of `2,00,000 amounted to `2,40,000 at 10% per annum. How

many years did it take.

5. A sum of `50,000 was borrowed at 8% per annum. After 5 years the

loan was cleared by giving `60,000 and a gold ring. What is the cost
of the gold ring?

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