Question
A woman invested a certain amount in scheme 'A' at simple interest of 18% p.a. for 4 years. She then reinvested the total amount received in scheme 'B' which offered compound interest at 20% p.a. for 2 years. If she earned an interest of Rs. 23,040 from scheme 'B', find the amount she initially invested in scheme 'A'.
More Simple and compound interest Questions
- A took a loan of Rs.5680 at simple interest of 30% p.a. and invested the same money in a scheme at simple interest of 40% p.a. Find the profit earned by A ...
- Suppose a specific amount is invested in a Life insurance policy at a simple interest rate of 15% per annum for 2 years, the interest earned amounts to Rs....
- A man invested Rs. 30,000 at simple interest of 8% p.a. If he had instead invested the same sum on compound interest of 8% p.a., compounded annually, then ...
- A sum of money amounts to Rs 5400 in 3 years and to Rs 6000 in 5 years at simple interest. Find the principal and the rate of interest per annum.
- The simple interest received on a certain sum is Rs. 1200 less than the sum invested. If the sum was invested at 20% p.a. for 4 years, then find the simple...
- A certain sum at CI amounts to Rs 2400 in 3 yr and to Rs 3600 in 6 yr. Then the sum is ?
- Rs. 6250 is placed in plan X earning 28% simple interest per annum for 3 years. Half of the maturity amount from plan X is then reinvested in plan Y at 20%...
- A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.4153.5, find the sum.
- A sum of money amounts to Rs. 5600 in 5 years at simple interest. If the principal is Rs. 4000, find the rate of interest per annum.
- Karan invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 15% for 5 ...
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
