Question
Mr. P invested Rs. ‘5x’ in scheme ‘A’ offering simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in scheme ‘B’ offering compound interest of 20% p.a. compounded annually. If total amount received from scheme ‘B’ after 2 years is Rs. 4320, then find the value of ‘10x’.
More Simple and compound interest Questions
- A took a loan of Rs.5410 at simple interest of 20% p.a. and invested the same money in a scheme at simple interest of 30% p.a. Find the profit earned by A ...
- Ravi lends Rs. 4800 to two of his friends. He gives Rs.2400 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The ...
- A sum doubles in 9 years at simple interest. Find the rate of interest per annum is.
- A sum of Rs. 3000 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
- Ravi shared Rs. (x + 3600) between his two kids, Arjun and Bharat, in the ratio of 5:3. Arjun put his share in a simple interest scheme at 10% p.a. for 4 y...
- A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference between...
- Amit invested an amount in Fund 'P', which provides compound interest at a rate of 'r'% per annum, compounded annually. He invested the same amount in Fund...
- Rajesh invests a certain amount at an annual simple interest rate of 8% for 3 years. The total amount he receives after this period is then reinvested at a...
- Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
- A man invests a sum of ₹3600 at a simple interest rate of r% per annum for x years. His friend invests ₹4000 at the same rate of interest r% per annum for ...
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