Question
Karan invested Rs. (x + 250) in Scheme A at a simple interest rate of 25% p.a. for 2 years, and the interest received is Rs. 1000. He then invested Rs. 3x in Scheme B at R% p.a. simple interest, and the total amount received from Scheme B after 3 years is Rs. 9030. Find the value of R.
More Simple and compound interest Questions
- Rahul puts Rs. x in a scheme at 25% p.a. simple interest. After 3 years, he receives Rs. ‘1.6x – 600’ as interest. What is the value of x?
- Compound interest on a certain sum of money for 2 years is Rs.2280 while the simple interest on the same sum for the same time period is Rs.2000. Find the ...
- The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simple ...
- A invested Rs. ‘x’ in a scheme offering compound interest of 40% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
- Rohit invests Rs. 7,500 on compound interest at 10% p.a. (compounded annually) for 2 years and Rs. 6,400 on simple interest at 12% p.a. for 4 years. Find t...
- X invested Rs. x at 7% per annum simple interest for 5 years and Y invested Rs. (x + 900) at 9% per annum simple interest for 1 year. If the total interest...
- P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same...
- A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest ca...
- An amount becomes six times of itself in 50 years at simple interest. Find the value of (2R + 30).
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)