Question
A man invested Rs. 16,000 at simple interest of 'x%' p.a. and received Rs. 32,000 after 2 years. If he had invested Rs. 21,000 at simple interest of 'x%' p.a. for 3 years, then find the interest earned by him from this investment
More Simple and compound interest Questions
- A person invested Rs. 16500 in the simple interest for 3 years at the rate of 19% per annum. If the interest received is Rs. 940Z, then find the value of Z...
- Mr. X invested Rs. 600 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 16% per annum and ...
- A sum of Rs. 40,000 is invested in SIP 'E' which offers 8% p.a. simple interest for 6 years. The interest received from SIP 'E' is invested in SIP 'F' whic...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2500 after 5 years. If the same amount is invested a...
- A man loans out Rs. 22,100 at a simple interest rate of 20% per annum. After 2 years, he reinvests the total amount received at an annual compound interest...
- An investment of Rs. 9,600 at an annual interest rate of 'R' percent for three years yields a simple interest of Rs. 5,760. Calculate the compound interest...
- A man invests a total of ₹50,000 in two schemes A and B. Scheme A offers simple interest at 12% p.a. for 3 years. Scheme B offers compound interest at 10% ...
- In what time will Rs. 21000 amount to Rs. 27951 @ 10% compound interest?
- Aman invested Rs. 'a' and Rs. (a + 2100) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If SI...
- Ravi invests Rs. 'x' in scheme X and Rs. (x + 600) in scheme Y for 4 years each. Schemes X and Y offer simple interest at 12% p.a. and 8% p.a. respectively...
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
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)