Question
Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a. If the interest received from both the schemes are equal, then find the rate of simple interest (p.a.) offered by scheme ‘B’.
More Simple and compound interest Questions
- A sum of money Rs._____ was invested in a scheme to earn simple interest at the rate of 20% per annum for 4 years. Then 2/3rd of the total amount was depos...
- When 19.62% of Pawan's monthly salary, which is the total of 15721.33 and 19678.9, is equally distributed among four different SIPs, what is the approximat...
- A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity. What was the sun invested in?
- David takes a loan of Rs. 20000 from his friend Alex, which he is to return at 10% p.a. simple interest after 5 years. Alex takes a loan from George, which...
- The difference between compound and simple interest on a sum of money for 2 years at 25% per annum is Rs. 880. The sum is:
- A sum becomes four times itself when invested at r% p.a. simple interest for 12 years. Find the rate of interest.
- A invested Rs. ‘x’ in a scheme offering compound interest of 35% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 10% p.a., is Rs. 200, then find the sum invest...
- Find the simple interest and the amount on Rs 4,000 at 9% per annum for 2 years.
- Simple interest earned on an amount of Rs.1400 at rate of R% per annum after 3 years is Rs.210. Find the simple interest earned on an amount of Rs.1600 at ...
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
