Question
A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together received Rs.308 as interest, then find the value of 'r'.
More Simple and compound interest Questions
- A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference between...
- Riya took a loan of Rs. 36,000 from a cooperative bank and decided to return it in two equal yearly instalments. If the interest rate is 30% per annum comp...
- A sum of money amounts to Rs 5,400 in 3 years and Rs 5,600 in 4 years at simple interest. What is the principal (sum invested)?
- What value should come in the place of (?) in the following questions? (5/8 of 640) − { (7/16 of 320) ÷ 2 }
- Someone puts Rs. 18,000 in a scheme offering simple interest at ‘x%’ annually and receives Rs. 22,500 after 2.5 years. If he had instead invested Rs. 15,00...
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 130% of itself in 3 years. Find the interest earned when Rs. 3000 is inves...
- If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
- A man invested Rs. 15,000 at simple interest of 'x%' p.a. and received Rs. 30,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%' p...
- A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned after ...
- 'Amit' placed an investment of Rs. (x - 600) at a simple interest rate of 10% per annum for a duration of 4 years. On the other hand, 'Bheem' invested Rs. ...
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)