Question
A took a loan of Rs.5520 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by A at the end of 2 years.
More Simple and compound interest Questions
- A certain sum when invested for 3 years in a scheme offering simple interest of 16% p.a. gives an interest of Rs. 1032. What is 110% of the sum invested?
- A person invests Rs. 800 for 2 years at a simple interest rate of ‘x%’ per annum, Rs. 450 for 4 years at a simple interest rate of (x – 2)% per annum, and ...
- P invests Rs. 5,500 on compound interest at 16% p.a. (compounded semiannually) for 1 year. Find the interest earned by 'P'.
- Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
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- Rs.700 amounts to Rs.742 in 2 years at a certain rate. If interest rate is increased by 2%, then what will be the new interest?
- Simple interest received at the rate of 16% p.a. for 7 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for 6 y...
- Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a. If the int...
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- Rs. (n + 150) invested on simple interest amounts to Rs. 1,950 and Rs. 2,250 in 3 years and 5 years, respectively. Find the value of 'n'.
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