Question
Aman invested Rs. ‘x’ at 9% p.a. and Arjun invested
Rs. (x + 400) at 7% p.a. If after 4 years the total simple interest is Rs. 1800, find the value of ‘x’.Solution
According to the question,
(x × 0.09 × 4) + {(x + 400) × 0.07 × 4} = 1800 Or, 0.36x + 0.28x + 112 = 1800 Or, 0.64x = 1688 Or, x = 1688 / 0.64 = 2637.5 Or, x = Rs. 2637.50
More Simple and compound interest Questions
Who collaborated with India to develop the maritime heritage complex at Lothal, Gujarat?
Which of the following countries uses the "Yuan" as its currency?
- Which aspect of governance is addressed in the Fourth Schedule of the Constitution of India?
What is the main component of natural gas?Â
The Battle of Khanwa was fought between which two leaders?
- In which ocean is the world's deepest point, the "Mariana Trench," located?
Who inaugurated the ‘Advantage Assam 2.0 Investment & Infrastructure Summit 2025’?
- Who is the current (as of March 2025) Director General of the International Atomic Energy Agency (IAEA)?
Match the following cricketers with their nicknames:
Which Indian city to host the 140th International Olympic Committee session in 2023
Relevant for Exams:
