Question
Rs. 5,200 is split into two parts. One part is invested at a simple interest rate of 12% per annum, while the other part is invested at a compound interest rate of 20% per annum, compounded annually. After 3 years, the total interest earned from both investments is Rs. 2,976. What is the amount that was invested at compound interest?
More Simple and compound interest Questions
- The simple interest received on a sum at the rate of 4 percent per annum is 3/5 of the sum. What is the time period?
- A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
- A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
- The difference between compound interest and simple interest on a certain sum for 2 years at the same rate of interest is Rs. 144. Also, the simple interes...
- If ₹5,000 is invested at an annual interest rate of 8% compounded quarterly, at what time will it grow to ₹5,202?
- Anjali invested Rs.24000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the...
- Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is the differ...
- A sum becomes four times itself when invested at r% p.a. simple interest for 12 years. Find the rate of interest.
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- Sohan borrowed Rs. 4200 at R% S.I. and Rs. 3800 at (R + 6)% S.I. for 5 years. The total simple interest paid was Rs. 4340. Find the rate charged on Rs. 380...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)