Question
Rs. 2,800 is invested in three parts all at simple interest of 5% p.a. These three parts are invested randomly for 1 year, 2 years and 4 years such that the interest received from the given three parts after desired period of investment is same. Find the difference between the smallest and the largest part of the investment.
More Simple and compound interest Questions
- A sum of money amounts to Rs. 5600 in 5 years at simple interest. If the principal is Rs. 4000, find the rate of interest per annum.
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- If the ratio of the sum invested and simple interest received after 1 year is 20:11 respectively, then find the rate of interest.
- A sum on simple interest becomes 9/4 times of itself in five years, find the rate of interest.
- A sum of Rs. 100 is invested at 10% per annum compound interest (compounded annually) for two years. How much interest will be received after two years?
- Shivam invested 24000 at 10% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.29400. What is the value of...
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- A person lent Rs. 15000 at SI for 2 years at rate 20%. The interest he got again lent at CI for 2 years at rate 10%. Find the amount he got after 2 years.
- The difference between the compound interest and simple interest accrued over 2 years is Rs. 4,500 when a principal amount is invested at an annual interes...
- How much time will it take for an amount of Rs.2000 to yield Rs. 640 as interest at 8% p.a. of SI?
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