Question
'R' took a loan of Rs. 40,000 from a bank with a compound interest rate of 15% per annum and then invested the same amount at a simple interest rate of 25% per annum for an equal period. Determine the profit made by 'R' after 3 years.
More Simple and compound interest Questions
- Rina lent Rs. 18,000 to her brother at a compound interest rate of 'y%' per annum, compounded annually. After one year, her brother paid her Rs. 19,440 to ...
- Simple interest and compound interest (compounded annually) earned on a certain sum at the end of 2 years are Rs. 3600 and Rs. 3744. Find the rate of inter...
- A sum of money lent at 5% rate of simple interest. The difference between interest for 6 years and 4 years is Rs. 2000. Find the principal amount.
- A certain sum of money becomes 3000 in 6 years and Rs. 4000 in 10 years at any certain rate of simple interest. Find the principal amount.
- A invested Rs. ‘x’ in a scheme offering compound interest of 40% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- Ravi invests Rs. 'p' in Scheme 'X' and Rs. (p + 3,000) in Scheme 'Y'. Scheme X gives simple interest at 10% per annum for 24 months, while Scheme Y offers ...
- Rs. x is invested at simple interest at 8% per annum for 3 years. If instead Rs. (x + 500) is invested at the same rate for the same period, the total inte...
- The simple interest and compound interest (compounded yearly) on a sum Rs. ‘P’ at ‘r%’ p.a. for two years are Rs. 18,000 and Rs. 19,350, respectively. If t...
- A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total int...
- Anuj invested Rs. ‘x’ at simple interest of 15% p.a. and Anil invested Rs. (x + 500) at simple interest of 10% p.a. If at the end of 2 nd year, sum of int...
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
