Question
Sanjay invested Rs. ‘x’ at the rate of 14% simple interest for 2 years, while Manish invested 50% of x at 12% compound interest per annum for 2 years. If the total interest earned is Rs. 512, then what is the value of ‘x’?
More Simple and compound interest Questions
- The simple interest received after 5 years on Rs. (x + 500) at the rate of 20% p.a. is Rs. (2x – 1500). The amount received on Rs. 3x when invested a...
- A certain sum amounts to Rs. 2000 in 1 year and to Rs. 2420 in 2 years, when invested at R% p.a. compound interest, compounded annually. Find the amount re...
- If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
- An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 years, ...
- The interest obtained on Rs. (2p + 600) at 18% p.a. for 5 years (simple interest) is Rs. (p + 840). Find the ratio (p - 75) :(p + 25)
- Ajay and Vijay jointly invest an amount 'x' in a simple interest scheme for 4 years. Ajay contributes 40% of 'x' at an interest rate of 7% per annum, while...
- Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
- I: A sum of money is to be divided into two parts. One part is invested at 10% p.a. simple interest for 3 years, and the other part at 8% p.a. simple inter...
- David takes a loan of Rs. 20000 from his friend Alex, which he is to return at 10% p.a. simple interest after 5 years. Alex takes a loan from George, which...
- The difference between simple and compound interest on Rs 2900 at a certain rate in 2 years is Rs 10.44, then what is the annual rate.
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
