Question
A girl aged 12 years is left with Rs. 10000 which is under a trust. The trustees invest the money at 6% per annum and spends Rs. 250 per year on the girl. Also the trust gives Rs. 50 per year to the girl as her pocket money. The expenses of trust come out to be Rs. 50 per annum. Find the amount that will be handed over to the girl after she attains the age of 18 years after deduction the expenses on her during the period?
More Simple and compound interest Questions
- A certain sum of money becomes 6 times of itself in 25 years at simple interest. In how many years does it become double of itself at the same rate of simp...
- A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity. What was the sun invested in?
- A certain sum amounts to Rs. 4900 in 2 years and to Rs. 5929 in 3 years, when invested at R% p.a. compound interest, compounded annually. Find the amount r...
- Deepak deposited Rs 15,000 in a bank at R% p.a. simple interest for 4 years. If he received Rs 9,000 as interest at the end of 4 years, find the rate of in...
- The compound interest received on investing Rs. 4500 for 2 years at compound interest of 20% p.a compounded annually is how much percentage more than the s...
- A sum of ₹7500 becomes ₹8850 in 3 years at simple interest. Find the rate of interest per annum.
- The simple interest on a sum of money is 4/25 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- Rajat invested Rs. (P-100) on compound interest at the rate of ‘R’ % per annum compounded annually. Ravi invested Rs. (P+300) on simple interest at the rat...
- An amount of Rs. 4,000 was borrowed at 18% p.a. and another amount of Rs. 6,000 at 12% p.a. as simple interest. The total interest paid after ‘n’ years is ...
- A certain amount will become six times in 20 years. How long does it take for the same amount to become 5 times? Assume the same rate of simple interest 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)