Question
The interest received by investing Rs. 4000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple interest of 25% p.a. Find the simple interest received.
More Simple and compound interest Questions
- Rs.700 amounts to Rs.742 in 2 years at a certain rate. If interest rate is increased by 2%, then what will be the new interest?
- Neha deposited Rs. 20,000 in scheme ‘A’ which offers simple interest of 9% p.a., for 5 years and Rs. 12,000 in scheme ‘B’ which offers simple interest of 1...
- An amount of Rs. 4,000 was borrowed at 18% p.a. and another amount of Rs. 6,000 at 12% p.a. as simple interest. The total interest paid after ‘n’ years is ...
- The difference between compound interest and simple interest on a certain sum at 20% per annum for 3 years is Rs. 576. Find the sum invested.
- Ravi lends Rs. 6000 to two of his friends. He gives Rs.3000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The ...
- A, B, and C all three invested in scheme at 20% SI for 2 years. A, B, and C entered in partnership with interest received from the scheme for 1 year, 8 mon...
- Arjun invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 18% for 5 ...
- The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- A certain sum of money becomes 3 times of itself in 10 years at simple interest. In how many years does it become double of itself at the same rate of simp...
- Gaurav borrowed Rs. 40000 from a bank at the simple interest of 10% p.a for 2 years. He lent some of this borrowed amount to his friend Shubham at the comp...
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
