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
- Sohan gave Rs. 5000 to Ramesh on simple interest at 12% per annum. After 3 years, he invested the total money received from Ramesh in a plan giving compoun...
- Rs. 2400 is deposited into scheme 'A' offering a simple interest rate of 25% per annum over a period of 8 years. Simultaneously, Rs. 2500 is placed in sche...
- Amit invested Rs. 96,000 in two SIPs labeled 'P' and 'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both at...
- If the simple interest for 6 years be equal to 60% of the principal. It will be equal to the principal after
- A man invests an equal amount in two different schemes: Scheme A and Scheme B. Scheme A offers compound interest at a rate of 20% per annum (compounded ann...
- Amit invested Rs. 20,000 at simple interest of 10% p.a. If he withdrew Rs. 4,000 after every one year, then find the total interest earned by Amit at the e...
- The excess of compound interest (annual compounding) over simple interest on a principal for 2 years at 10% p.a. is Rs. 200. Find the principal.
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- A sum when invested at a certain rate of simple interest becomes 3 times itself in 25 years. Find the rate of interest.
- The simple interest earned on a principal of Rs. 6400 at an annual interest rate of (p + 4)% for 3 years is the same as the simple interest earned on a pri...
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)