Question
Mr. X invested Rs. 900 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 7% per annum and 12% per annum. Find the total interest obtained from both schemes after 2 years.
More Simple and compound interest Questions
- A sum of Rs. 9000 amounts to Rs. 10890 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same sum...
- A sum of Rs. 6,000, earning simple interest at an annual rate of 'r%' for 5 years, grows to Rs. 9,000. Calculate the total amount obtained if the same sum ...
- The simple interest on a sum of money is 9/20 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- A sum of Rs. x is invested at simple interest at 9% per annum for 5 years. If another sum of Rs. (x + 200) is also invested at the same rate for the same t...
- On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest ...
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- A person invested Rs. 75,000 at an annual compound interest rate of 12%, compounded annually for 12 months. How much more profit would he have earned if th...
- What is the simple interest on Rs. 8000 at the rate of 7.5% per annum for 4 years?
- Suman paid ₹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?
- Rohan invests some money in two schemes A and B offering compound interest at 15% p.a. and 20% p.a. respectively. At the end of two years, the interest rec...
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
