Question
A person invested a total of Rs. 50,000 in two different schemes. One scheme offers simple interest of 8% p.a., and the other scheme offers 12% p.a. If the total interest earned from both schemes at the end of 3 years is Rs. 13,800, how much was invested in the scheme offering 8% p.a.?
More Simple and compound interest Questions
- Raman paid Rs.9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2100 after 3 years. If the same amount is invested a...
- Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) rd of a ye...
- Sandeep borrowed Rs. 20,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'K' to this money and lent the total sum t...
- A bank offers interest at the rate of 10% per annum, compounded half yearly. Find the interest received at the end of the year on a sum of Rs. 30000.
- Dev borrowed Rs. 6400 at R% S.I. and Rs. 5600 at (R + 5)% S.I. for 3 years. If the total interest came to Rs. 4800, find the rate applicable on Rs. 5600.
- Rs. 5,000 is invested in scheme ‘A’ offering simple interest of 16% p.a. and Rs. 6,600 in scheme ‘B’ offering simple interest of 9% p.a. What is the differ...
- A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 30417.5 at the end of 15 months if the rate of interest is compounded 5 monthly. Find ...
- An amount of Rs. 2400 is placed in SIP 'P' at a 25% per annum simple interest rate for 8 years, and Rs. 2500 is invested in SIP 'Q' with a 20% annual compo...
- A person lends ₹16,000 to a client at a simple interest rate of 8% per annum. After 30 months, the client repays ₹9,200 and requests an extension for the r...
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
