Question
P invested Rs. x at 10% per annum simple interest for 2 years and Q invested Rs. (x + 500) at 12% per annum simple interest for 3 years. If the total interest earned by both is Rs. 460, find the value of
P invested Rs. x at 10% per annum simple interest for 2 years and Q invested Rs. (x + 500) at 12% per annum simple interest for 3 years. If the total interest earned by both is Rs. 460, find the value of
x.
More Simple and compound interest Questions
- Nisha deposited Rs. ‘P’ in a bank offering compound interest of 11% p.a. compounded annually. After 2 years, she invested the amount received from the bank...
- Ravi deposits Rs. 8,240 on simple interest at 5% per annum for 4 years. If the total amount he gets back is Rs. '2m', then find the product of the digits o...
- A man wants to invest Rs 20,220 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at age o...
- A certain sum when invested for 3 years in a scheme offering simple interest of 16% p.a. gives an interest of Rs. 1032. What is 110% 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.2100 after 3 years. If the same amount is invested a...
- A certain sum of money becomes Rs. 1960 in 1 year and 3000 in 3 years at certain rate of simple interest. Find the sum of money invested.
- If ₹15,600 is invested at a simple interest rate of (a + 12)% per annum and doubles in value over 5 years, determine the value of 'a'.
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
- A person invests Rs. 2,400 at simple interest and receives Rs. 288 as interest in 1 year and 8 months. What is the rate of interest per annum?
- A man invests a sum of ₹3600 at a simple interest rate of r% per annum for x years. His friend invests ₹4000 at the same rate of interest r% per annum for ...
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
