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Data Interpretation
Directions (Q. 1-5): Study the following table carefully to answer the questions given below:
Nature of Rate

om
Name Principal Amount Year
Interest (%)
M Compound ` 10000 4
N Simple ` 29500 3
O Compound ` 20000 2 3
P Simple 4
Q Compound 5 2
1. What is the principal of N if the ratio of interest rate of M to that of N is 2 : 3?
1) `10449 2) `20230 3) `25000 4) `17121 5) `25423

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2. What is the amount of O, if the interest is compounded yearly for 2 years?
1) `19165.7 2) `20320.9 3) `21218 4) `22418 5) `25300.5
3. If the ratio of principal of O to that of P is 4 : 5 and the rate of interest of P is 10% more than that of O,
then what is the interest of P?
1) `3300 2) `3142 3) `3201 4) `2890 5) `2750
4. At what rate of interest the amount of N becomes five times that of his principal?
1) 63.58% 2) 69.96% 3) 60% 4) 133.33% 5) 162.58%
5. What is the amount of Q when the principal of Q is 20% more than that of M?
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1) `32321.5 2) `13248.97 3) `54974.19 4) `32863.24 5) `17952.35

Answers:
43
1. 3; Interest rate of N =  6%
2
Amount = 29500. Time = 3 years
Let the principal be `x
x 36
Then, x + = 29500
100
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or, x = `25000
T
 R 
2. 3; Amount = P  1  = 20000 × 1.03 × 1.03 = `21218
 100 
5
3. 1; Principal of P =  20000 = 25000
4
3  10
New rate of interest = 3  = 3.3
100
25000  3.3  4
Now, interest of P = = `3300
100
4. 4; Amount of N = `29500
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29500
 Prinicipal = = `5900
5
Time = 3 years
 Interest = Amount – Principal = 29500 – 5900 = 23600
Interest  100 23600  100 400
 Reqd rate = = = = 133.33%
Principal  time 5900  3 3
120
5. 2; Principal of Q = 10000  = `12000
100
5
 2  12000  102  102  102  102  102
 Amount of Q = 12000  1  = = `13248.97
 100  10000000000

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