Question
Pawan distributed his investment as follows: 25% of the total at an annual interest rate of 6%, 1/5th of the total at 8% per year, and the remaining portion at 10% per year. The total interest he earned after one year was Rs. 860. Determine the total amount of Pawan's investment.
More Simple and compound interest Questions
- Ramesh invested Rs. (x + 200) in Scheme A at a simple interest rate of 20% p.a. for 2 years, and the interest received is Rs. 800. He then invested Rs. 3x ...
- Karan saved Rs. x in a fixed deposit at 12% simple interest per annum. If the total interest after 5 years amounts to Rs. ‘1.8x – 1000’, determine the valu...
- A woman lent Rs. 29500 at 13% p.a. compound interest, compounded annually for two years. After two years, the total amount earned by the woman is again len...
- Mr. Karan invested his funds in 3 different projects 'P', 'Q', and 'R' in the ratio 7:6:5, respectively. The rates of interest offered by projects 'P', 'Q'...
- Vishal invests a sum of money at an annual compound interest rate of 6%. Over a period of 5 years, the interest accumulated amounts to Rs. 900. If he incre...
- A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the compound interest earned when ...
- A sum of Rs 12,000 is invested at 7% simple interest per annum. In how many years will the interest amount be Rs 5,040?
- On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest ...
- Rs. 25200 is invested in 3 parts in such a way that Simple Interest on 1st Part at 4% per annum for 3 years, Simple Interest on 2nd part at 6% per annum fo...
- A person invested Rs. 30,000 in two schemes. One scheme gives a simple interest of 7% p.a., while the other scheme gives 11% p.a. If the total interest ear...
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