Login / Signup

Question

The simple interest and compound interest (compounded yearly) on a sum Rs. ‘P’ at ‘r%’ p.a. for two years are Rs. 18,000 and Rs. 19,350, respectively. If the same principal is invested at simple interest of (r + 9)% p.a., find the interest earned in 27 months.

A Rs.32,000

B Rs.42,500

C Rs.32,400

D Rs.52,455

E None of these

Practice Next

More Simple and compound interest Questions

Mr. Sharma invested Rs. 9600 in Scheme 'A', which offers compound interest at a rate of 'r'% per annum, compounded annually for 2 years. After 2 years, he ...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2100 after 3 years. If the same amount is invested a...
A sum of Rs.10 is lent by a child to his friend to be returned in 11 monthly instalments of Rs.1 each, the interest being simple. The rate of interest is:
A person lent a sum at simple interest for 6 years. If the rate had been 5% more, he would have earned Rs. 750 extra. What was the principal?
What is the interest earned when Rs. 6250 is invested for 18 months in a scheme which offers compound interest (compounded every 9 months) of 16% p.a.
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 4500 and Rs. 5...
The difference between compound interest and simple interest at the same rate for Rs. 1200 for 2 years is Rs. 48. The rate of interest per annum is:
Rs. 10,200 is the amount after 2 years when invested at r% p.a. in simple interest. If the rate had been (r + 6)% p.a., the final amount would be Rs. 10,92...
Two persons A and B invest money in two schemes. A invests Rs. 6000 for 2 years in R% CI per annum. B invests Rs.7000 for 2 years in 20% CI per annum. If r...
Rs.5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. Ho...

Relevant for Exams:

Hey! Ask a query

ask-question