Question
Ankita invested Rs. 1800 at an annual interest rate of (a + 5)%, and she earned a total interest of Rs. 1404 after three years. Now, if she decides to invest the same amount in another account at an annual interest rate of 'a%', but this time for a duration of 2 years, how much interest will she earn in this scenario?
More Simple and compound interest Questions
- Pawan invested an equal sum of money in two different SIPs at a bank—one earning 20% compound interest per annum and the other earning 24% simple interest ...
- What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
- A sum of money will amount to Rs. 672 in 2 year & in 3 year it is to be 714 in compound interest . Find the rate of interest?
- The value of an investment at simple interest grows to Rs. 11,200 in 2 years and Rs. 15,200 in 6 years. What was the principal amount?
- A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded annually...
- Rs. 3,600 is invested in three parts all at simple interest of 5% p.a. These three parts are invested randomly for 2 years, 3 years and 6 years such that t...
- A certain amount becomes double in 8 years at r% simple interest. Find the rate of interest.
- Arun deposited Rs 18000 in PNB for 3 years and got a total amount of Rs 23400 whereas Varun deposited Rs 25000 in SBI and got a total interest of Rs 4000 a...
- Rs. 18,000 is invested at simple interest at 8% per annum for some years. If the interest earned is Rs. 8,640, for how many years was the money invested?
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 2040 as i...
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
