Question
A man wants to invest Rs 20,220 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at age of 120 years @ 33(1/3)% per annum compounded annually. Find the share of younger son?
More Simple and compound interest Questions
- At what rate percent compounded yearly will Rs. 5000 amount to Rs 5408 in 2 yrs?
- A person invested Rs. x at 20% CI p.a. in scheme A for 2 years. The interest received was reinvested in B for 2 years at 15% SI p.a. The amount received fr...
- Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(can c...
- A person 'A' invested a sum at an annual simple interest rate of 15% for 2 years. If the rate of interest is raised by 5%, the simple interest increases by...
- Ajay invested Rs.a in SI at 5% rate of interest per annum for 8 years. Vishal invested the same amount in SI at 3% rate of interest per annum for 4 years a...
- If the ratio of the sum invested and simple interest received after 1 year is 25:11 respectively, then find the rate of interest.
- A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- The simple interest on a sum of money is 7/20 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the princip...
- The simple interest received on a certain sum is Rs. 1200 less than the sum invested. If the sum was invested at 20% p.a. for 4 years, then find the simple...
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
