Question
Mr. X invested Rs. 1200 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 9% per annum and 12% per annum. Find the total interest obtained from both schemes after 2 years.
More Simple and compound interest Questions
- What is the Simple Interest earned on Rs.2400 in 4 years 6 months at the rate of 4.5% per annum?
- Elvish invested Rs. 5000 in a compound interest scheme for 2 years at an annual interest rate of m%. If the compound interest obtained was Rs. 1272, find t...
- A certain sum of money will be doubled in 4 years at the rate of simple interest percent per annum is:
- A sum of Rs. 9,600 grows to Rs. 12,696 when invested at an annual compound interest rate of 'R%' for 2 years. What is the value of 'R'?
- Atul has Rs.600 with him. He invested 30% of the amount at 5% p.a. for 6 years and rest at 15% p.a. for 4 years. Find the sum of simple interests received ...
- A sum of Rs. 3700 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
- A sum of money triples itself in 8 years at simple interest. What is the rate of interest?
- The difference between the interests received when Rs. x is invested in scheme ‘A’ at simple interest for 3 years and at compound interest, compounded annu...
- Mr. Karan invested his funds in 3 different projects 'P', 'Q', and 'R' in the ratio 7:6:5, respectively. The rates of interest offered by projects 'P', 'Q'...
- A sum when invested at simple interest of 12.5% p.a. amounts to Rs. 10,000 after 2 years. If the same sum was invested at simple interest of 9% p.a. for 4 ...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)