Question
Akshay invested Rs. 1200 in two schemes P and Q in the respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum and 12% per annum, respectively. Find the interest obtained after 2 years from scheme P.
More Simple and compound interest Questions
- A certain amount becomes seven times of itself in 24 years at a certain rate of simple interest p.a. In what time will it become sixteen times of itself at...
- Compound interest on a certain sum of money for 2 years is Rs.2280 while the simple interest on the same sum for the same time period is Rs.2000. Find the ...
- Aman invested Rs. 'a' and Rs. (a + 2100) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If SI...
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 12 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 years ...
- A sum of money amounts to ₹13,200 after 3 years at a certain simple interest rate. If the principal was ₹10,000, what was the rate of interest per annum?
- The difference between compound interest and simple interest at the same rate for Rs. 2400 for 2 years is Rs. 216. The rate of interest per annum is:
- A sum of ₹18,000 is divided into two parts. One part is invested at 8% simple interest per annum for 3 years, and the remaining part is invested at 10% sim...
- Rs. 2500 is invested at 24% p.a. simple interest for 6 years in scheme A. The interest obtained from scheme A is then invested for 2 years at 30% p.a. comp...
- Sohan invested Rs. P in Scheme X at 20% per annum under simple interest for 3 years and Rs. Q in Scheme Y at 12% per annum under compound interest for 2 ye...
- Sohan borrowed Rs. 4200 at R% S.I. and Rs. 3800 at (R + 6)% S.I. for 5 years. The total simple interest paid was Rs. 4340. Find the rate charged on Rs. 380...
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
