Question
A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs. 4848, then find the approximate sum invested by the man.
More Simple and compound interest Questions
- A invested Rs. ‘x’ in a scheme offering compound interest of 35% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests received ...
- A sum of Rs 50,000 is partly invested in Scheme A at 8% simple interest per annum and the remaining in Scheme B at 12% simple interest per annum. The t...
- A sum of money triples itself in 8 years at simple interest. What is the rate of interest?
- 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...
- Sunita invested Rs. 10,000 in scheme ‘M’ offering simple interest of 11% p.a. After 2 years, she invested the entire interest earned in scheme ‘N’ offering...
- A man invests a sum of (6000 + 200x) rupees at 10% p.a. simple interest for 2 years. If he had invested the same sum at 12% p.a. simple interest for 2 year...
- A person took a loan from a bank at a 20% p.a. simple interest. If after 30 months, he repaid Rs. 7,500 to settle his debt, find the principal amount he bo...
- Mr. P invested Rs. ‘4x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- A man invested Rs. 'B' at simple interest of 18% and Rs. 'B + 4000' at simple interest of 14% p.a., for 4 years each. If the interest earned from both inve...
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