Question
A deposited Rs. 3500 at 35% per annum compound interest
in scheme A for 2 years. After 2 years, he deposited total amount at 10% simple interest per annum in another scheme B. Find the interest earned from scheme B after 8 years.Solution
Total amount earned from scheme A = 3500 × (1.35)2 = Rs. 6378.75 Interest earned from scheme B = (6378.75 × 10 × 8)/100 = Rs. 5103
More Simple and compound interest Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Select the letter-pair that can replace the question mark (?) in the following series?
FK, HM, LQ, RW, ZE, ? - Select the number that can replace the question mark (?) in the following series.
24, 28, 37, 53, 78, ? - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF
