Question
Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) rd of a year. If the total profit received by both Abhishek and Bhuvan after 1 year is Rs. 10499.78, then determine the approximate profit earned by Abhishek.
More Simple and compound interest Questions
- Rs. 4,600 is invested in three parts all at simple interest of 10% p.a. These three parts are invested randomly for 1 year, 3 years and 5 years such that t...
- Sandeep borrowed Rs. 20,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'K' to this money and lent the total sum t...
- A certain sum when invested for 3 years in a scheme offering simple interest of 20% p.a. gives an interest of Rs. 1470. What is 130% of the sum invested?
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 3 years. If the same amount is invested a...
- At what rate of simple interest per annum will a sum of money become double in 12 years?
- A sum of money doubles itself in 5 years in how many years it will be 3 times?
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
- A certain amount is split equally between two investment plans. One offers simple interest and the other compound interest, both at the same annual rate co...
- On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
- A man invested a certain amount of sum at 10% per annum simple interest and earned an interest of Rs. 3000 after 5 years. If the same amount is invested at...
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)