Question
Ankit and Bhupesh invested a certain amount for 5 months and 7 months respectively. The ratio of the profits earned by Ankit to those earned by Bhupesh is 20:21. If their combined investment totals Rs. 14,000, determine the amount invested by Ankit.
More Simple and compound interest Questions
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- 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...
- 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...
- 'K' distributed his investments among two distinct funds, Mutual Fund X and Mutual Fund Y, in the respective ratio of 9:8. While Mutual Fund X generates si...
- Rs. (n + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 6 years, respectively. Find the value of 'n'.
- 'P' allocated different portions of his savings, totaling Rs. 100,000, to three banks. The first portion was invested in Axis Bank at a simple interest rat...
- ‘M’, ‘N’ and ‘O’, each of them invested Rs. 3500 at the rate of 12% p.a., 30% p.a. and 45% p.a., respectively for 7 years, 4 years and 5 years, respectivel...
- 'A' borrows Rs. 600 at the rate of 15% p.a. simple interest, and 'B' borrows Rs. 800 at the rate of 10% p.a. simple interest. In how many years will their ...
- If Rs. 8,000 grows to Rs. 10,960 in 2 years at simple interest, what is the yearly interest rate?
- A invested Rs. ‘x’ in a scheme offering compound interest of 35% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
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