Question
A principal of Rs. 'x' is invested at an annual compound interest rate of 30%, compounded yearly, and grows to Rs. 2535 after 2 years. Calculate the simple interest earned when an additional Rs. 140 is added to the principal 'x' and the total amount is then invested at an annual simple interest rate of 15% for a period of 5 years.
More Simple and compound interest Questions
- Rs. (X+500) is invested in scheme A for 5 years at 10 % simple interest. The received amount is then invested in another scheme B offering 10% interest for...
- A sum of Rs. 2800 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...
- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum is Rs 40. Find the principal.
- Calculate the compound interest earned on investing Rs. 20,000 at 25% per annum compounded annually for 2 years.
- A certain amount is split equally between two investment plans. One offers simple interest and the other compound interest, both at the same annual rate co...
- A man invested Rs. 30,000 at simple interest of 8% p.a. If he had instead invested the same sum on compound interest of 8% p.a., compounded annually, then ...
- Rs. 3,000 is deposited in a savings account at a simple interest rate of 30% per annum for 4 years. The total money is then reinvested in stocks offering c...
- A sum when invested at simple interest of 6% p.a. amounts to Rs. 13,600 after 6 years. If the same sum was invested at simple interest of 15% p.a. for 2 ye...
- Simple interest on a sum at 8% p.a. for 3 years is ₹1920. Find the principal and amount.
- A and B started a business with initial investments of Rs. 13000 and Rs. 20000 respectively. After one year, a profit of Rs. 8250 is earned. A being a work...
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
