Question
Rs. 9500 is invested in scheme ‘A’ for a year at simple interest of 50% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ which offers compound interest (compounded annually) of 30% p.a. What is the total amount received from scheme ‘B’?
More Simple and compound interest Questions
- A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹480 more. Find the sum
- A sum doubles in 8 years at compound interest. In how many years will it become 4 times?
- The simple interest on a sum for 4 years at 9% per annum is Rs. 1440. Find the principal.
- A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity. What was the sun invested in?
- Raman paid Rs.9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
- 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 ...
- If a sum earns Rs. 7,200 as simple interest at the rate of 20% p.a. for 3 years and 3 months, calculate the original sum.
- A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total int...
- A deposited Rs. 3000 at 10% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 12% simple interest per annum ...
- A person 'P' invests ₹24,000 at a simple interest rate of 15% per annum for 2 years, while Jay invests the same amount, ₹24,000, at a compound interest rat...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)