Question
An amount of Rs. (y-2800) was invested on simple interest at the rate of (R+1)% per annum for 6 years. An another amount of Rs. (y+3200) was invested on simple interest at the rate of (R-2)% per annum for 5 years. The interest obtained in both of the cases is the same. Which of the following are the possible values of ‘y’ and ‘R’? (i) 14800, 12 (ii) 15800, 16 (iii) 14800, 14 (iv) 12800, 18
More Simple and compound interest Questions
- A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
- A sum of money is invested at a simple interest rate of 'R%' per annum. Over 2 years, it grows to ₹7,440, and over 5 years, it increases to ₹9,600. Determi...
- Some amount out of Rs. 15000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 4 years the total interest from both the amount ...
- Rs. (y-1500) was invested in scheme J on (R-1)% per annum on compound interest. Rs. ‘y’ was invested in scheme K on (R+1)% per annum on simple interest. Af...
- An amount becomes six times of itself in 50 years at simple interest. Find the value of (2R + 30).
- Neha deposits Rs. 9,000 at a simple interest rate of 7% per annum for 5 years. What amount will she get at the end of the term?
- The simple interest on a sum for 2 years at 10% per annum is Rs 4,000. Find the difference between the compound interest and the simple interest on the sam...
- A certain sum placed at simple interest grows to Rs. 9,450 in 2 years and Rs. 13,050 in 6 years. Find the invested amount.
- Amit invested Rs. 7,500 on simple interest at 20% p.a. for 2 years and Rs. 6,000 on simple interest at 18% p.a. for 3 years. What is the total interest he ...
- Rs. (n + 200) invested on simple interest amounts to Rs. 2,400 and Rs. 2,880 in 4 years and 6 years, respectively. Find the value of 'n'.
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)