Question
A took a loan of Rs.5680 at simple interest of 30% p.a. and invested the same money in a scheme at simple interest of 40% p.a. Find the profit earned by A at the end of 2 years.
More Simple and compound interest Questions
- A invests a sum at 8% simple interest. After 5 years the amount becomes 1.4 times the principal. Find the rate of interest used.
- Simple interest on a sum of Rs.5100 at some r% is for t years is Rs.918. If r and t are integers and 1 < r < t, then find the minimum simple interest earne...
- Priya invested Rs. 9,000 in scheme ‘C’ at simple interest of 5% p.a. for ‘t’ years and Rs. 9,000 in scheme ‘D’ at simple interest of 14% p.a. for 3 years. ...
- Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate of...
- If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
- Rs. (y-1500) was invested in scheme J on (R-1)% per annum on compound interest. Rs. ‘y’ was invested in scheme K on (R+1)% per annum on simple interest. Af...
- Out of Rs. 15,000, 'X' invested a part of it on compound interest at 20% p.a. (compounded annually) for 2 years and the remaining amount on simple interest...
- Find the simple interest on Rs 4500 at 8% per annum for 4 years.
- A sum becomes 2.89 times ot itselt in 2 years when invested at compound interest (compounded annually). What is the annual rate of interest?
- Ajay and Vijay jointly invest an amount 'x' in a simple interest scheme for 4 years. Ajay contributes 40% of 'x' at an interest rate of 7% per annum, while...
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