Question
Rs. 4960 was partly invested in scheme A at 20% per annum compound interest (compounded annually) for 2 years and partly in scheme B at 20% per annum simple interest for 4 years. Both the schemes earn equal interests. How much was invested in scheme A?
More Simple and compound interest Questions
- Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 3960 as i...
- 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...
- A sum of money amounts to Rs 8,400 in 4 years and Rs 9,600 in 6 years at the same simple interest rate. Find the principal.
- Rs. 9000 is invested in scheme ‘A’ for 2 years and Rs. 7500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 10% p.a. If the int...
- A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:
- A certain sum of money is invested in two schemes: • Scheme A: Compound interest at 10% per annum, compounded annually, for 3 years. • Scheme B: Simple i...
- Divide Rs 2,760 in to two parts such that when these are invested for 2 and 4 years, respectively, at the rate of 5% per annum simple interest, the amounts...
- Mr. X invested Rs. 800 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 6% per annum and 1...
- A person invested Rs. (P) in scheme A at 15% simple interest for 4 years and invested Rs. (P) in scheme B at (R%) simple interest for 2 years. The total in...
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)