Question
Ravi lends Rs. 6000 to two of his friends. He gives Rs.3000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend is
More Simple and compound interest Questions
- A person invested a total of Rs. 50,000 in two different schemes. One scheme offers simple interest of 8% p.a., and the other scheme offers 12% p.a. If the...
- An amount becomes Rs. 9,360 in 3 years when invested at simple interest at the rate of r% per annum. If the interest rate had been (r + 4)% per annum, the ...
- Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 year...
- The simple interest on a sum of Rs. (6x + 100) for 4 years at 10% per annum is Rs. 1,200. Find the value of x.
- A sum of money invested for 2 years at 20% compounded annually and similar money invested for 3 years on simple interest at 10% per annum. If the differenc...
- A certain sum of money becomes Rs. 1960 in 1 year and 3000 in 3 years at certain rate of simple interest. Find the sum of money invested.
- A sum of Rs. 3000 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
- The simple interest on Rs. (6p + 300) at 25% p.a. for 2 years is Rs. (2p + 350). Find the ratio (p - 100) :(p + 50)
- Rs. 7000 is invested in scheme ‘A’ for 2 years and Rs. 5000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 15% p.a. If the int...
- A sum when invested at simple interest of 10% p.a. becomes Rs. 1,680 in 4 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
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