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
- A sum of ₹6,450 is invested for 3.5 years at a certain annual rate of simple interest, yielding a total interest of ₹2,709. If ₹3,500 is then invested for ...
- If the difference between the simple interest and compound interest, compounded annually, received on a principal amount of Rs. 25000 at an interest rate o...
- 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...
- 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?
- Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- Rs. 25200 is invested in 3 parts in such a way that Simple Interest on 1st Part at 4% per annum for 3 years, Simple Interest on 2nd part at 6% per annum fo...
- The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same amo...
- The simple interest on a sum of money is 9/20 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- A man invested Rs. 'A' at simple interest of 10% and Rs. 'A + 3000' at simple interest of 8% p.a., for 6 years each. If the interest earned from both inves...
- "Zampa invested Rs.__________ in an SBI Contra fund with a 20% annual compound interest, compounded annually. At the end of each year, the bank deducts a 1...
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)