Question
Aman invested two equal amounts in two different projects. In the first project, the amount is invested at 5% p.a. on SI for T years and the SI received is ₹2000, while in the second project, the amount is invested at 10% p.a. For 2 years at CI and the compound interest received is ₹1050, than what will be the value of T?
More Simple and compound interest Questions
- What will be the compound interest earned after 2 years on a deposit of Rs. 14,000 at an annual interest rate of 30%, compounded annually?
- Karan saved Rs. x in a fixed deposit at 12% simple interest per annum. If the total interest after 5 years amounts to Rs. ‘1.8x – 1000’, determine the valu...
- A sum of money amounts to Rs 5400 in 3 years and to Rs 6000 in 5 years at simple interest. Find the principal and the rate of interest per annum.
- Simple interest received at the rate of 12% p.a. for 10 years on a principal amount of Rs. 3600 is twice of the simple interest received at 10% p.a. for 6 ...
- An amount of Rs. ‘y’ was invested on (R-2)% per annum on simple interest and at the end of 6 years an amount of Rs. 23100 was obtained as an interest. If t...
- Atul has Rs.200 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests received ...
- Find the rate of simple interest at which Rs. 6000 should be invested for 2 years so that the interest earned will be same as the interest received when th...
- A man invested Rs. 'D' at simple interest of 22% and Rs. 'D + 5000' at simple interest of 18% p.a., for 2 years each. If the interest earned from both inve...
- Sudeep invested 1/8 of a certain sum at 5% p.a. for two years and 3/5 of the sum at 6% p.a. for two years and the remaining at 10% p.a. for two years. If t...
- What is the maturity value of Rs.25000 at the end of 2 years at 9.25% Simple Interest?
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
