Question
'R' invested Rs. 24,000 in SIP 'A' with a compound
interest rate of 20% per annum compounded annually, and Rs. 18,600 in SIP 'B' with a simple interest rate of 30% per annum. Determine the total interest earned by 'R' after 3 years from both SIPs combined.Solution
ATQ, Interest earned from SIP 'A' = 24000 × {(1.2)3 – 1} = Rs. 17,472 Interest earned from SIP 'B' = 18600 × 0.3 × 3 = Rs. Rs. 16,740 Required interest = 17472 + 16740 = Rs.34212
Present ages of 'P' and 'Q' are in ratio 5:6, respectively. If ten years hence from now, age of 'P' will be 25% less than that of 'Q', then find the rat...
The ratio of the present ages of father and his son is 9:4. The product of their ages 3 years ago was 24 times of his son’s age that year. What was so...
- Four years later, the total of the ages of 'John' and 'Michael' will be 70 years. Ten years ago, John was 8 years younger than Michael. What will be Michae...
Currently, Mandeep is 25% older than Sandeep. Four years from now, the combined ages of Mandeep and Sandeep will total 53 years. Given that Ramandeep's ...
If the total ages of A and B is 7 years more than the total age of B and C. C is how many years younger than A?
The ratio of the present ages of P and Q is 8:7 respectively. If the age of P 10 years hence from now will be 100% more than the age of Q 4 years ago fr...
The sum of the ages of a father and his son is 60 years. 15 years ago, the father was five times as old as the son. What is the present age of the father?
The average age of A, B and C is 30 years, while the average age of B, A and D is 24 years. If the ratio of the age of C and D is 5:3, respectively, the...
‘A’ is 8 years younger than ‘B’ and 7 years elder than ‘C’. If the present age of ‘B’ and ‘D’ is 20 years and 15 years, respectively...
- Four years ago, the ratio of ages of 'X' and 'Y' was 2:3 respectively. Six years from now, the ratio of their ages will become 4:5 respectively. If 'Z' is ...
Relevant for Exams:
