Question
A person invested Rs. 45,000 in two different schemes together. One scheme offers a simple interest of 9% p.a., while the other scheme offers a simple interest of 13% p.a. If the total interest earned from both schemes together at the end of three years is Rs. 14,850, how much did he invest in the scheme offering 9% p.a. interest?
More Simple and compound interest Questions
- Rishi invested a sum of money for 2 years in a simple interest scheme at an annual rate of 30%, and received Rs. 7200 at the end of this period. Calculate ...
- A sum of money earns ₹1,440 as simple interest in 4 years at 9% per annum. What is the principal (sum invested)?
- A man invested Rs. 8,000 at simple interest of 'x%' p.a. and received Rs. 16,000 after 2 years. If he had invested Rs. 24,000 at simple interest of 'x%' p....
- Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years. F...
- 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...
- Karan invested Rs. 45,000 in scheme 'X' and Rs. 30,000 in scheme 'Y' on simple interest. Scheme 'X' offers 10% p.a. for 3 years and scheme 'Y' offers 8% p....
- Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 year...
- Rs. 8800 is invested in scheme ‘A’ for a year at simple interest of 20% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
- If the simple interest for 5 years is equal to 20% of the principal, then the interest will be equal to the principal after ________ years.
- A certain sum of money becomes 5 times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simp...
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
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)