Question
When 19.62% of Pawan's monthly salary, which is the total of 15721.33 and 19678.9, is equally distributed among four different SIPs, what is the approximate amount received by each SIP (in Rs.)?
More Simple and compound interest Questions
- A man invests Rs X in a scheme at 12% rate of interest for 8 years. After 8 years he reinvests the amount received at same rate of interest for same time d...
- Meena invests Rs. 55,000 in Scheme 'L' and Rs. 32,000 in Scheme 'M'. Scheme 'L' provides simple interest at 11% p.a. for 3 years, and Scheme 'M' offers 10%...
- The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amo...
- 'P' invests a certain amount at an annual compound interest rate of 15% for two years, earning Rs. 3870 in interest. He then reinvests the total sum she re...
- A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the total ...
- Nikhil invested a total of ₹7000 in two different schemes offering simple interest. Scheme A offers an interest rate of 10% per annum, while Scheme B offer...
- 'K' distributed his investments among two distinct funds, Mutual Fund X and Mutual Fund Y, in the respective ratio of 9:8. While Mutual Fund X generates si...
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 years ...
- A sum when invested at simple interest of 10% p.a. becomes Rs. 1,680 in 4 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
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
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)