Question
Calculate the value of 'a' if 'P' initially had Rs. 'a' and invested 45% of this amount in a PF A with a simple interest rate of 35% per annum and the rest in a PF B with a compound interest rate of 30% per annum (compounded annually). After 2 years, 'P' received a total interest of Rs. 3333.6 from both PFs.
More Simple and compound interest Questions
- Anoop invested a sum at a simple interest rate of 8% per annum, and it grew to Rs.1,850 in 6 years. If the same sum is invested at a compound interest rate...
- Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 8000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
- Akshay invested Rs. 1050 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2000 after 4 years. If the same amount is invested a...
- P invested Rs. x at 10% per annum simple interest for 2 years and Q invested Rs. (x + 500) at 12% per annum simple interest for 3 years. If the total inter...
- Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
- A sum of money becomes three times itself in 12 years at simple interest. What is the rate of interest?
- A borrowed Rs. 9500 from B for his business. How much amount A will return to B at the end of 36 months such that the sum was borrowed at simple interest o...
- A sum of Rs. 3000 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
- Rs.6600 is divided into two parts such that if one part be invested at 4% and the other at 6%, the annual interest from both the investments is Rs. 372. Fi...
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)