Question
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as interest on Rs. 20,000 in the same number of years, what should be the rate of simple interest?
More Simple and compound interest Questions
- An initial investment of Rs. 10,000 is made at an annual compound interest rate of 10% for 4 years. After 2 years, an additional Rs. 5,000 is invested. Det...
- The interest received on investing Rs. (2p + 400) on simple interest at 15% p.a. for 4 years is Rs. (p + 540). Find the ratio (p + 100) :(p + 500).
- Rs. 10,200 is the amount after 2 years when invested at r% p.a. in simple interest. If the rate had been (r + 6)% p.a., the final amount would be Rs. 10,92...
- Mr. X invested Rs. 800 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 6% per annum and 1...
- A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs....
- Aman invested ₹2,00,000 at an annual compound interest rate of ___%, with interest compounded every 4 months. If the investment was held for a total durati...
- Rohan had Rs. 5000 with him. He invested 40% of the sum at 10% p.a. and the rest at 15% p.a., both at simple interest for 3 years each. Find the total inte...
- Neha deposited Rs. 35,000 on compound interest at 10% per annum compounded annually for 3 years, while Meha deposited Rs. 50,000 on simple interest at 18% ...
- At simple interest, a sum becomes double of itself in 8 years. In how many years will it become 2.75 times of itself at the same rate?
- The interest received on investing Rs. 8,000 for 5 years at simple interest of 'r%' p.a. is Rs. 8,000. Find the total amount received on investing Rs. 6,00...
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