{"id":164810,"date":"2024-03-19T14:20:07","date_gmt":"2024-03-19T08:50:07","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=164810"},"modified":"2024-03-19T14:20:09","modified_gmt":"2024-03-19T08:50:09","slug":"on-a-certain-sum-of-money-lent-out-at-16-per-annum-the-difference-between-the-compound-interest-for-1-year","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/on-a-certain-sum-of-money-lent-out-at-16-per-annum-the-difference-between-the-compound-interest-for-1-year\/","title":{"rendered":"On a certain sum of money lent out at 16% per annum, the difference between the compound interest for 1 year"},"content":{"rendered":"\n<p> <p class=\"MsoNormal\">On a certain sum of money lent out at 16% per annum, the difference between the compound interest for 1 year, payable half-yearly, and the simple interest for 1 year is Rs. 60. The sum is?<\/p> <p class=\"MsoNormal\">a) 9393<\/p> <p class=\"MsoNormal\"><b>b) 9375<\/b><\/p> <p class=\"MsoNormal\">c) 9870<\/p> <p class=\"MsoNormal\">d) 9555<\/p> <p class=\"MsoNormal\">Sol:<\/p> <p class=\"MsoNormal\">Rate = 16% p.a.\u00a0 <\/p> <p class=\"MsoNormal\">Time = 1 year (half-yearly)\u00a0 <\/p> <p class=\"MsoNormal\">Difference between CI and SI = Rs 60<\/p> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"952\" height=\"1024\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-952x1024.png\" alt=\"\" class=\"wp-image-164811\" style=\"width:333px;height:auto\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-952x1024.png 952w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-279x300.png 279w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-767x825.png 767w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-1428x1536.png 1428w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-1904x2048.png 1904w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-139x150.png 139w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-100x108.png 100w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-325x350.png 325w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140-788x847.png 788w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/03\/image-140.png 358w\" sizes=\"(max-width: 952px) 100vw, 952px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>On a certain sum of money lent out at 16% per annum, the difference between the compound interest for 1 year, payable half-yearly, and the simple interest for 1 year is Rs. 60. The sum is? a) 9393 b) 9375 c) 9870 d) 9555 Sol: Rate = 16% p.a.\u00a0 Time = 1 year (half-yearly)\u00a0 Difference [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":164812,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-164810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/164810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=164810"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/164810\/revisions"}],"predecessor-version":[{"id":164813,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/164810\/revisions\/164813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/164812"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=164810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=164810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=164810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}