Question
Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the interest received on investing Rs. Y for a year at simple interest of 25% p.a.. Find the value of ‘Y’.
More Simple and compound interest Questions
- ‘P’, ‘Q’ and ‘R’ put in ₹32,000, ₹20,000 and ₹28,000 respectively. They remain invested for 3 months, 6 months and 9 months. If the total profit is ₹58,500...
- 'S' allocated 40% of his monthly income to SIP P, where it accrues a simple interest of 18% p.a. The remaining 60% was directed to SIP Q, with a compound i...
- If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
- Rs. 2,250 is the interest earned in 5 years at 9% per annum simple interest. If this amount is invested at 6% per annum for 3 years, what will be the inter...
- Jaideep invested two equal sums at 12% simple interest p.a. for 8 years and 10 years respectively. If the difference in interest earned is Rs.14,688. Find ...
- A sum of money is invested at a simple interest rate of 'R%' per annum. Over 2 years, it grows to ₹7,440, and over 5 years, it increases to ₹9,600. Determi...
- A Man deposited certain amount in the Bank at the end of each year. How much amount did he deposited at the end of each year at the rate of 15% simple Inte...
- Simple interest on Rs. 900 at R% per annum after 6 years is Rs. 324. Find the simple interest on Rs. 1600 at (R + 6)% per annum after 2 years.
- The difference between the compound interest compounded annually and simple interest of a sum at 6% p.a. for 2 years is Rs. 36. Find the sum.
- Rs. 4,500 is invested in a bond at a simple interest of 20% per annum for 6 years. The resulting amount is then invested in a scheme that offers compound i...
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
