Question
Akshay invested Rs. 1560 in two schemes P and Q in the respective ratio of 9:4. 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
- What will be the ratio of simple interest earned by certain amount at the same rate of interest for 4 years and 6 years ?
- A sum when invested at simple interest of 10% p.a. becomes Rs. 1,680 in 4 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- Rohit invested Rs. 3000 in scheme 'C' for 4 years and Rs. 4500 in scheme 'D' for 3 years. If the simple interest rate for both schemes is 15% per annum, ca...
- A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- Suresh earned an interest of Rs. 1419 on principal amount of Rs. 4400 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amo...
- Ravi invested Rs. 10,200 at 20% p.a. for 2 years and Rs. 11,500 at 28% p.a. for 2 years on simple interest. What is the total interest he earned?
- A certain amount becomes four times in 25 years under simple interest at a r% per annum. If Rs.8,000 is invested at (r − 4)% simple interest per annum, the...
- Amit invested Rs. 8,500 for 5 years in a scheme offering simple interest at 10% per annum. He distributed the total amount received by him from the scheme ...
- A sum of money will amount to Rs. 250 in 2 year & in 3 year it is to be 350 in compound interest . Find the rate of interest?
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