Question
Divide Rs 2500 into two parts such that the interest on one part at 12% for 2 years equals the interest on the other part at 6% for 4 years. Find the two parts.
On Simplifying:- 24c = {(2500 × 24) - 24c} 24c = 60,000 - 24c 48c = 60,000 c = 60,000/48 c = 1250 The two sums are Rs 1250 and Rs 1250.More Simple and compound interest Questions
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
- A and B invested Rs.2x and Rs.2400 in a scheme at simple interest at 8% p.a. The investment time of B is 1 year more than that of A.The ratio of interest o...
- Rs. 15,000 becomes Rs. 21,900 after 6 years on simple interest. What is the rate of interest per annum?
- if the interest is compounded half-yearly, calculate the amount when the principal is Rs.4000, the rate of interest is 22%.solve the question
- A sum of money amounts to Rs.767 in 3 years, and to Rs.806 in 4 years on simple interest at 6% annum. What is the sum?
- The interest earned when a sum is invested at simple interest of 16% p.a., for 3 years, is Rs. 2400. What will be the total amount received after 2 years o...
- The interest received on investing Rs. 15,000 for 5 years at simple interest of 'y%' p.a. is Rs. 18,750. Find the total amount received on investing Rs. 12...
- Kamal invested Rs. 6,250 in scheme ‘A’ offering simple interest of 13% p.a. 4 years later, he reinvested the entire interest earned from scheme ‘A’ in anot...
- Kiran lent Rs. 40,000 to a friend at a compound interest rate of 'b%' per annum, compounded annually. After one year, the friend returned Rs. 44,800. If Ki...
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 140% of itself in 2 years. Find the interest earned when Rs. 3200 is inves...
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
