Question
'P' invested a certain amount at 21% per annum simple interest for 2 years. If he had instead invested the same amount at 20% per annum compound interest, compounded annually for 2 years, the interest earned would have been Rs. 150 more. What was the sum invested by 'P'?
More Quant Miscellaneous Questions
- Pawan and Bhanu started a business with their investments in the ratio 5:7. After 6 months, Raju joined the business with an investment of Rs. 3000, and at...
- 315 people went to a park. The number of men is 25 more than the number of women and the number of adults is 15 more than the number of children. How many ...
- How many Kg of rice costing rupees 19 per kg must be mixed with 26 Kg of rice costing Rs.25 per Kg, so that there may be a gain of 17.5% by selling the mix...
- Find the equation if a point P(x, y) is equidistant from A(7, 3) and B(-3, 7).
- ? = (3.89 × 64.83 ÷ 12.96) 1.98 + 15.08% of 499.81
- The profit earned on selling an item is 25%. If the cost price of the item was 20% less, and the selling price of the item was Rs. 30 more, then the profit...
- If 25 is added to the numerator of a fraction and its denominator is multiplied by 10, the value of the fraction increases by 35%. What is the numerator of...
- A factory produces three types of products, X, Y, and Z. The average production of product X over 5 days is 120 units per day. The average production of pr...
- A person 'P' is 4 years younger than 'Q' and also 10 years less than twice the age of 'R'. Given that the ages of 'Q' and 'R' are in the ratio 5:3, determi...
- Akshay invested Rs. 1650 in two schemes P and Q in the respective ratio of 7:4. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
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
