Question
Simran Funded Rs. 70,000 in two different SIP's. She funded the smaller amount at CI of 20% p.a. compounded annually, and larger amount at SI of 16.5% for 2 years. If the interest earned from both SIP's is same, then find the amount invested at compound interest.
More Simple and compound interest Questions
- The simple interest on a sum of Rs X in 5 years is 2/5 of the principal. What is the annual rate of interest?
- Sunil invested Rs. ‘5x’ 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...
- Calculate the simple interest on Rs. 7,500 at the rate of 12% per annum for 18 months.
- Mr. Sharma invested Rs. 9600 in Scheme 'A', which offers compound interest at a rate of 'r'% per annum, compounded annually for 2 years. After 2 years, he ...
- A principal of Rs. 'x' is invested at an annual compound interest rate of 30%, compounded yearly, and grows to Rs. 2535 after 2 years. Calculate the simple...
- The difference between compound interest and simple interest at the same rate for Rs. 2400 for 2 years is Rs. 216. The rate of interest per annum is:
- A, B, and C all three invested in scheme at 20% SI for 2 years. A, B, and C entered in partnership with interest received from the scheme for 1 year, 8 mon...
- A sum of ₹7500 becomes ₹8850 in 3 years at simple interest. Find the rate of interest per annum.
- Find the simple interest on Rs 6000 at 8% per annum for 3 years.
- The interest earned when a sum is invested at simple interest of 5% p.a., for 3 years, is Rs. 5280. What will be the total amount received after 2 years on...
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
