Question
Anil borrowed Rs. 7,200 at simple interest of 15% p.a. and Rs. 8,400 at simple interest of 12% p.a. The total interest he paid after ‘y’ years is Rs. 8,352. Find the value of ‘y’.
More Simple and compound interest Questions
- A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
- Elvish invested Rs. 5000 in a compound interest scheme for 2 years at an annual interest rate of m%. If the compound interest obtained was Rs. 1272, find t...
- If Rs. 12,500 is invested at simple interest for 2.5 years and the total amount becomes Rs. 15,625, what is the rate of interest per annum?
- A certain amount earns simple interest of Rs. 1360 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
- An initial investment of Rs. x, when placed in an account offering r% per annum as simple interest over a period of 16 years, grows to five times its origi...
- An amount of Rs. 'x' is invested at a simple interest rate of 15% per annum and grows to Rs. 14,500 after 3 years. If the same amount Rs. 'x' is instead in...
- ₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest that wa...
- A man invested Rs. 30,000 at simple interest of 'x%' p.a. and received Rs. 45,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%' p...
- A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
- Vipul invested Rs.4000 at the rate of R% simple interest for four years and he got Rs.1600 as interest. If he invest same amount for 2 years in C.I. and ra...
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
