Question
Aman invested Rs. x at a simple interest rate of 15% per annum. If after 6 years, the total interest earned was Rs. ‘2x – 1800’, then find the value of
Aman invested Rs. x at a simple interest rate of 15% per annum. If after 6 years, the total interest earned was Rs. ‘2x – 1800’, then find the value of
x.
More Simple and compound interest Questions
- A sum of money amounts to Rs 5400 in 3 years and to Rs 6000 in 5 years at simple interest. Find the principal and the rate of interest per annum.
- Rs. 8000 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 6% p.a. If the inte...
- Aman invested two equal amounts in two different projects. In the first project, the amount is invested at 5% p.a. on SI for T years and the SI received is...
- A certain amount earns simple interest of Rs. 1360 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
- Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple interest...
- What is the interest earned when Rs. 5000 is invested for 2 years in a scheme which offers compound interest (compounded every 12 months) of 20% p.a.
- What will be the net CI on Rs. 12000 for 4 years at 10% p.a compounded annually?
- A man invests 40% of a certain amount at a simple interest rate of 17% per annum, 60% of the remaining amount at a simple interest rate of 20% per annum, a...
- A sum of ₹15,625 is invested for 2 years at an annual interest rate of 8%. For the first 1.5 years, the interest is compounded semi-annually, and for the r...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 4500 and Rs. 5...
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