Question
Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum and 10% per annum, respectively. Find the interest obtained after 2 years from scheme P.
More Simple and compound interest Questions
- In what time will Rs. 15000 amount to Rs. 19965 @ 10% compound interest?
- The selling price of the book is 20% more than the selling price of the bag and the selling price of the bottle is 20% less than the selling price of the b...
- Sameer invested Rs. (R + 1000) at simple interest of 20% p.a. for 3 years. Ajeet invested Rs. (R - 4000) at compound interest of 20% p.a. for 3 years. If t...
- On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
- A man loans out Rs. 22,100 at a simple interest rate of 20% per annum. After 2 years, he reinvests the total amount received at an annual compound interest...
- 'M' placed a specific amount of money into the 'SBI' Mutual Fund, which provides a 15% per annum simple interest rate. Simultaneously, 'M' invested the sam...
- The simple interest on a sum of Rs 10,000 for 2 years at 10% per annum is Rs 2,000. Find the compound interest on the same sum at the same rate and time, c...
- ‘M’ invested Rs. 3600 for (t + 6) months, while ‘N’ invested Rs. 900 more than ‘M’ for (t - 1) months, in a business. If profit received by ‘N’ out of tota...
- If interest is compounded half-yearly, then find the compound interest on Rs. 8,000 at the rate of 20% per annum for 1 year.
- Mohit saves 20% of her monthly salary. And of the remaining Income he gives to his mother and sister its ¼ and half respectively and the remaining salary h...
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