Question
A certain sum of money is divided into two parts.
- I One part is invested at 20% p.a. compound interest (compounded annually) and the remaining part is invested at 10% p.a. simple interest. I
- I The total interest from both investments together is Rs 27,600 at the end of 2 years, and Rs 44,120 at the end of 3 years (from the beginning). What was the total amount invested?
More Simple and compound interest Questions
- An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (compo...
- "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...
- A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 19965 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- A sum of money lent at 5% rate of simple interest. The difference between interest for 6 years and 4 years is Rs. 2000. Find the principal amount.
- The difference between compound interest and simple interest on a sum for 3 years at 10% per annum is Rs 62. Find the principal.
- If the compound interest on a certain sum of money for two years at 9% p.a. is ₹3,762, then the sum is:
- 'P' allocated different portions of his savings, totaling Rs. 100,000, to three banks. The first portion was invested in Axis Bank at a simple interest rat...
- If the ratio of the sum invested and simple interest received after 1 year is 25:6 respectively, then find the rate of interest.
- Raju invests a certain amount at an annual simple interest rate of 6% for 2 years. The total amount he receives after this period is then reinvested at an ...
- A sum when invested at simple interest of 5% p.a. amounts to Rs. 18,000 after 4 years. If the same sum was invested at simple interest of 12% p.a. for 3 ye...
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)