Question
Rs. 9,000 is invested in scheme ‘A’ offering simple interest of 20% p.a. and Rs. 6,500 in scheme ‘B’ offering simple interest of 8% p.a. What is the difference in interests earned from the two schemes after 3 years?
More Simple and compound interest Questions
- Ramesh lent Rs. 40,000 to Suresh at compound interest of 15% p.a. (compounded annually) for 2 years. Suresh returned the money by calculating simple intere...
- Amit invested Rs. 8,500 for 5 years in a scheme offering simple interest at 10% per annum. He distributed the total amount received by him from the scheme ...
- A sum of money doubles itself in 5 years at simple interest. What is the rate of interest per annum?
- Sameer deposited Rs. 28,000 in fund 'E' and Rs. 36,000 in fund 'F'. Fund 'E' gives 13% simple interest for 3 years and fund 'F' gives 11% interest per annu...
- Compound interest on a certain sum of money for 2 years is Rs.3600 while the simple interest on the same sum for the same time period is Rs.3200. Find the ...
- A sum becomes 9200 in 3 years and 10400 in 5 years at simple interest. Find the principal.
- A certain sum of money becomes Rs. 1250 in 1 year and 3556 in 3 years at certain rate of simple interest. Find the sum of money invested.
- Sunil invested Rs. ‘4x’ 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 sche...
- The difference between the interest received on a certain sum at the rate of 35% p.a. and 30% p.a. respectively at simple interest for two years is Rs. 700...
- What will be the net CI on Rs. 12000 for 4 years at 10% p.a compounded annually?
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