ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Amit invested 'x' on simple interest at 12% for 7 years

    and (x + 400) on compound interest at 10% p.a for 2 years. At the end of nine years, he will received a total interest of Rs.1,344 then find the value of 'x'?┬а┬а
    A Rs.1200 Correct Answer Incorrect Answer
    B Rs.1100 Correct Answer Incorrect Answer
    C Rs.1001 Correct Answer Incorrect Answer
    D Rs.1256 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, {x [[1 + (12 ├Ч 7)/100] - 1] } + { (x + 400)┬а [[1 + (10/100)]2 _┬а┬а1] }= 1344 on sloving we get x = Rs.1200

    Practice Next
    More Simple and compound interest Questions
    ask-question