Question
A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4000, then find the sum invested by the man.
More Simple and compound interest Questions
- Ravi invested Rs. ‘x’ at 12% simple interest p.a. and Ramesh invested Rs. (x + 600) at 9% simple interest p.a. If at the end of 3 years, the total interest...
- Rs. 5000 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 inter...
- The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- A sum becomes 5 times in 20 years under simple interest at the rate of r% per annum. Find the rate of interest.
- 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...
- The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
- Manoj lent Rs. 60,000 to Ajit at compound interest of 10% p.a. (compounded annually) for 2 years. Ajit returned the amount by calculating simple interest. ...
- The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 9000. What will be the total amount received after 2 years o...
- 'P' allocated different portions of his savings, totaling Rs. 100,000, to three banks. The first portion was invested in Axis Bank at a simple interest rat...
- Rahul secures a loan amounting to Rs. 8,800 from a bank, which charges an annual simple interest rate of 20%. He then allocates this sum into an investment...
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
