Question
Vishal has certain sum of money with him. He invested
80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 3240 as interest. He then invested the amount received from scheme ‘X’ in scheme ‘Y’ for 2 years at 50% p.a., compound interest compounded annually. Find the amount received by Vishal from scheme B.Solution
Let, Vishal invested Rs. x in scheme ‘X’ According to the question, {(x × 15 × 8)/100} = 3240 Or, x = 3240/1.2 Or, x = 2700 Total sum Vishal had = 2700/0.8 = Rs. 3375 Amount received from scheme ‘X’ = 2700 + 3240 = Rs. 5940 Amount received from scheme ‘Y’ = 5940(1 + 50/100)2 = Rs. 13365
More Simple and compound interest Questions
1131.98 + ? – 1125.04 = 1364.93 – 1168.01
256.12 ÷ 7.92 + 26.11 × 7.82 – 44.09 = ?2
10.232 + 19.98% of 539.99 = ? × 7.99
37.06% of 783.45 + 2125% of 51.89 = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will replace the question mark (?) in the following?
39.99...
Find the approximate value of Question mark(?). There is no requirement to find the exact value.
(2999.77 ÷ 74.85) + (√624.95 × 4.09) = ?
...
√2025.12 × √256.03 + √399.89 ×√(?) = 33.99 × 40.12
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exactvalue.)
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