Question
Akshay invested Rs. 960 in two schemes P and Q in the respective ratio of 5:3. Scheme P and Q are offering simple interest at the rate of 7% per annum and 10% per annum, respectively. Find the interest obtained after 2 years from scheme P.
More Simple and compound interest Questions
- A certain sum becomes 3.5 times itself in 10 years at simple interest. Find the rate of interest.
- Priya deposited Rs. ‘x’ at 14% p.a. simple interest, and Neha deposited Rs. (x + 600) at 11% p.a. simple interest. If after 2 years, the total interest ear...
- If Rs. 25,000 is loaned at a compound interest rate of 50% per annum, and the interest is compounded once every year, what will the amount be after 2 years...
- In what time will Rs. 16000 amount to Rs. 19360 @ 10% compound interest?
- The compound interest received on investing Rs. 10,000 for 2 years at 'y'% p.a., compounded annually is Rs. 3,689. The simple interest earned on investing ...
- Karan invested Rs. 30,000 at simple interest of 8% p.a. If he kept withdrawing Rs. 6,000 after every one year, then find the total interest earned by Karan...
- Rs. 15,000 becomes Rs. 21,900 after 6 years on simple interest. What is the rate of interest per annum?
- Anjali invested Rs. 3200 at (R + 6)% p.a. simple interest and earned an interest of Rs. 2304 in 3 years. What would be the interest if the same amount is i...
- A sum of Rs. 2000 earns a simple interest of Rs. 600 in 5 years at R% per annum. Calculate the simple interest on Rs. 2500 at the rate of (R + 2)% per annu...
- A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together receive...
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
