Question
Karan invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 15% for 5 years and the other part at the same rate for 42 months. The difference in the interest earned from these two investments is Rs. 288. Determine the amount invested in each part.
More Simple and compound interest Questions
- A certain sum of money becomes Rs. 1250 in 1 year and 2500 in 3 years at certain rate of simple interest. Find the sum of money invested.
- A certain sum of money becomes 3000 in 6 years and Rs. 4000 in 10 years at any certain rate of simple interest. Find the principal amount.
- The difference between the simple interest on a certain sum of money at 8% per annum and at 10% per annum for 3 years is Rs 720. What is the sum?
- Rs. 7550 is invested in scheme ‘A’ for a year at simple interest of 30% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
- Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
- Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- Ajay invested Rs.24,000 in Fund 'P' for a duration of 4 years, where it earns simple interest at a rate of 22.5% per annum. The amount obtained from Fund '...
- Simple interest earned on an amount of Rs. 1250 at rate of R% per annum after 4 years is Rs. 250. Find the simple interest earned on an amount of Rs. 1300 ...
- Simple interest earned on an amount of Rs. 2700 at rate of R% per annum after 4 years is Rs. 270. Find the simple interest earned on an amount of Rs. 1800 ...
- The interest received by investing Rs. 2000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
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)