Login / Signup

Question

The simple interest earned on investing Rs. (80X + 2000) at simple interest of 15% p.a. for 36 months is Rs. 576 less than the total amount received on investing Rs. (64X + 300) for 90 months at simple interest of 8% p.a. What will be the interest received on investing Rs. 16000 for 2 years at simple interest of 'X%'?

A Rs. 5400

B Rs. 6000

C Rs. 4800

D Rs. 4400

E Rs. 4000

Practice Next

More Simple and compound interest Questions

Rajesh invests a certain amount at an annual simple interest rate of 8% for 3 years. The total amount he receives after this period is then reinvested at a...
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 6 years and that for 14 years?
An amount of Rs. x is invested in simple interest at 5% per annum for 4 years. If another amount of Rs. (x + 250) is also invested at the same rate for the...
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...
Sunil invested Rs. ‘5x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
The amount of simple interest earned on ₹4080 at an annual rate of 7.5% for t years is compared to the simple interest earned on ₹3250 at an annual rate of...
Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
Ramesh invested Rs. 8,000 in scheme ‘X’ offering simple interest of 15% p.a. After 3 years, he reinvested the total interest earned from scheme ‘X’ in sche...
A person earns Rs. 240 as compound interest on a sum for 2 years at 3% per annum, compounded yearly. What would be the simple interest on the same amount a...

Hey! Ask a query

ask-question