Kusum Shivaram and Pratima Rao Solutions for Chapter: Prosperity Bank, Exercise 1: Exercise 1

If the simple interest of a two-wheeler loan of $₹25,000$ for $3$ years at the rate of $15\%$ p.a. is $₹k$ then find $k$.

Calculate the simple interest. Use the interest rates given alongside. If the simple interest is $₹k$, then find the value of $k$
Education loan of $₹4,00,000$ for $4$ years.

If the simple interest on festival loan of $₹1,000$ for $9$ months at $15\%$ per annum is $₹k$, then find the value of $k$ up to one decimal place.

If the simple interest for the education loan of $₹1000000$ for $8$ years with $18\%$ rate of interest p.a. is $₹k$, then find the value of $k$.

If the simple interest for home loan of $₹80,00,000$ for $10$ years with $11\%$ rate of interest p.a. is $₹k$ then find $k$.

If the simple interest is $₹k$ for a car loan of $₹2,00,000$ for $4$ years, then find the value of $k$.

If the simple interest is $₹k$ for a two-wheeler loan of $₹30,000$ for $2$ years with $15\%$ of interest p.a, then find $k$.

If the simple interest for personal loan of $₹10,000$ for $1\frac{1}{2}$ years with $15\%$ rate of interest p.a. is $₹k$ then find $k$.