Question
Ravi invests Rs. 'x' in scheme X and Rs. (x + 600) in scheme Y for 4 years each. Schemes X and Y offer simple interest at 12% p.a. and 8% p.a. respectively. If the total interest earned is Rs. 2,720, find the value of 'x'.
More Simple and compound interest Questions
- The simple interest on Rs. 800 at R% per annum for 5 years is Rs. 200. Find the simple interest on Rs. 1200 at (R + 2)% per annum for 3 years.
- A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple interest...
- Meera had Rs. 3500 with her. She invested Rs. ‘c’ at 14% p.a. simple interest for 6 years and the remaining sum at 20% p.a. compound interest, compounded a...
- A sum of money becomes Rs. 9600 in 3 years and Rs. 11200 in 7 years at simple interest. Find the principal.
- A sum of money gets double in 5 years , in how many years it will be 8 times in CI?
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
- P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same...
- Calculate the difference between the simple interest and compound interest accrued on an amount of Rs. 1600 over a period of 2 years at an annual interest ...
- Mark invested Rs 15,000 in a scheme at simple interest 20% per annum. After three years he withdrew the principal amount plus invested the entire amount in...
- 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...
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)