Question
'X' invested Rs. (x + 3000) at compound interest of 20% p.a. compounded annually. 1 year later, he invested Rs. '2x' at simple interest of 15% p.a. If 3 years after making the 1st investment, total interest earned from both investments is Rs. 8,824, then determine the amount invested by 'X' at compound interest.
More Simple and compound interest Questions
- A certain sum when invested for 3 years in a scheme offering simple interest of 15% p.a. gives an interest of Rs. 693. What is 125% of the sum invested?
- Rs. ’P’ invested at a rate of 10% p.a. compound interest (compounded annually) amounts to Rs. 7744 at the end of 2 years. Find the simple interest earned a...
- A invests a sum at 8% simple interest. After 5 years the amount becomes 1.4 times the principal. Find the rate of interest used.
- Vishwas has Rs. 3600. He gives this money to Manoj on simple interest and after 4 years received the double amount. If the interest rate is 5% more than th...
- Ankush puts Rs. 8,000 into two separate Systematic Investment Plans (SIPs) at a compound interest rate of 20% per annum. In SIP 'X', the investment is for ...
- Simple interest earned on an amount of Rs. 2700 at rate of R% per annum after 4 years is Rs. 270. Find the simple interest earned on an amount of Rs. 1800 ...
- A man loans out Rs. 22,100 at a simple interest rate of 20% per annum. After 2 years, he reinvests the total amount received at an annual compound interest...
- Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6 ye...
- A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r-4)% at simple interest. If total interest earned on bot...
- Rs. 4500 is invested in scheme ‘A’ for a year at simple interest of 40% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
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