Question
A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r-4)% at simple interest. If total interest earned on both the investments for 5 years is Rs. 9337.50, then the rate of interest on the first investment is:
More Simple and compound interest Questions
- At what rate of simple interest per annum will a sum of money become double in 12 years?
- Arjun borrowed Rs. 11,000 at a simple interest rate of 9% p.a., and Rs. 7,000 at 10% p.a. The total interest paid after ‘n’ years was Rs. 6,260. Find the v...
- Priya put Rs. 6,800 in a scheme offering simple interest at 8% p.a. for 4 years. What will be the total amount she gets?
- The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple interest...
- Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- Mohit invested a certain amount at compound interest for 1 year at the rate of 20% per annum, compounded half-yearly. If the interest received by him is Rs...
- A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference between...
- Mitch placed Rs. 32,000 in a compound interest account with an annual rate of 30%, compounded semi-annually. After investing for a period of 15 months, cal...
- A man invests Rs X in a scheme at 12% rate of interest for 8 years. After 8 years he reinvests the amount received at same rate of interest for same time d...
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
