Question
A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at an age of 120 years @ 33(1/3)% per annum compounded annually. Find the share of elder son?
More Simple and compound interest Questions
- A certain sum when invested for 3 years in a scheme offering simple interest of 15% p.a. gives an interest of Rs. 693. What is 125% of the sum invested?
- A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1525.5 and simple interest of Rs.1500 at the end of 2 years...
- Sohan borrowed Rs. 4200 at R% S.I. and Rs. 3800 at (R + 6)% S.I. for 5 years. The total simple interest paid was Rs. 4340. Find the rate charged on Rs. 380...
- A sum of money will amount to Rs. 250 in 2 year & in 3 year it is to be 350 in compound interest . Find the rate of interest?
- Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p.a., while i...
- A man invested Rs.22000 in a fixed deposit scheme for 3 yrs at CI of 5% p.a. How much will a man get on maturity of the fixed deposit?
- A certain amount earns simple interest of Rs. 1420 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
- A man, after making the first investment, earned a total interest of Rs. 1,09,200 at the end of 3 years. He invested a certain amount at an annual compound...
- If ₹5,000 is invested at an annual interest rate of 8% compounded quarterly, at what time will it grow to ₹5,202?
- The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
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)