Question
Scheme A provides an interest rate of R% compounded annually, while Scheme B offers simple interest at the same rate. Anoop has invested Rs. 1200 in both schemes. After 2 years, the interest earned from Scheme A exceeds that of Scheme B by Rs. 27. Determine the value of R.
More Simple and compound interest Questions
- A certain sum amounts to Rs. 4900 in 2 years and to Rs. 5929 in 3 years, when invested at R% p.a. compound interest, compounded annually. Find the amount r...
- The simple interest on a sum of money is 4/25 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- A man deposited Rs. ‘x + 800’ at 12% per annum simple interest and earned Rs. 540 as interest after 2 years. Find the interest earned by him if he deposite...
- What will be the differnce between SI & CI on Rs. 70000 for 3 years at rate of 40% per annum ?
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 25% p.a., is Rs. 1,000, then find the sum inve...
- A woman invested Rs. 50,000 in two different schemes together. One of the schemes offers simple interest of 8% p.a., while the other scheme offers simple i...
- A man invested Rs. 'r' in scheme 'E' offering simple interest at 14% for 6 years and Rs. 3,000 in scheme 'F' offering simple interest at 10% for 3 years. I...
- Rs. 1800 earns a simple interest of Rs. 4050 when invested at 15% per annum for (x + 3) years. What will be the total amount received if the same amount is...
- Question 9
- Rs.5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. Ho...
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
