Question
Vishwas has Rs. 3600. He gives this money to Manoj on simple interest and after 4 years received the double amount. If the interest rate is 5% more than the previous, in how many years this amount will be doubled?
More Simple and compound interest Questions
- Anita invested Rs. 5400 in scheme 'P,' which offers a 15% per annum simple interest rate, and she invested Rs. 3800 in scheme 'Q,' offering a 25% per annum...
- 'Aarav' deposited Rs. 5,400 in a SIP at simple interest of 9% p.a. If he earned Rs. 2,916 as interest, then find the duration (in years) for which the mone...
- The ratio of the sums invested by ‘P’ and ‘Q’ in SIP ‘A’ and ‘B’ is 9:6, respectively. If ‘P’ invested Rs. 5400 more than ‘Q’, then find the amount receive...
- If the rate of interest is 5% compounded quarterly. What will be the approximate amount if P invests Rs.5000 for 1 year?
- Amit invested Rs. (x + 150) in Scheme A at a simple interest rate of 15% p.a. for 4 years, and the interest received is Rs. 900. He then invested Rs. 5x in...
- Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inte...
- A sum of Rs. x is invested at simple interest at 9% per annum for 5 years. If another sum of Rs. (x + 200) is also invested at the same rate for the same t...
- Rs. 3200 when invested at 7.5% p.a. for (x + 6) years gives a simple interest of Rs. 4800. Find the amount received when the same sum is invested at 6% p.a...
- There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
- A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of Rs...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
