Question
Rahul puts Rs. x in a scheme at 25% p.a. simple interest. After 3 years, he receives Rs. ‘1.6x – 600’ as interest. What is the value of x?
More Simple and compound interest Questions
- If the difference between the simple interest and compound interest, compounded annually, received on a principal amount of Rs. 25000 at an interest rate o...
- Arman Funded an amount at the rate of 6 % for a period of 2 years at C.I. while calculating, the rate of interest was interchanged with the time period and...
- Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
- The list price of product A is Rs. 80 less than the selling price of product B. The list price of product B is 60% higher than the selling price of product...
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 2760 as i...
- Akshay invested Rs. 960 in two schemes P and Q in the respective ratio of 5:3. Scheme P and Q are offering simple interest at the rate of 7% per annum and ...
- An amount becomes six times of itself in 50 years at simple interest. Find the value of (2R + 30).
- At a simple interest rate of 20% per year for three years, 'P' invested Rs. 'p + 250', and for two years, Rs. 'p + 500' at a simple interest rate of 30% pe...
- A sum of money Rs._____ was invested in a scheme to earn simple interest at the rate of 20% per annum for 4 years. Then 2/3rd of the total amount was depos...
- A person deposited a sum at 7% simple interest per annum for 3 years. The interest he earned is Rs. 180 more than the compound interest he would have earne...
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