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
- Meera took Rs. 3600 at R% S.I. and Rs. 5400 at (R + 4)% S.I. for 3 years. If the total interest amounted to Rs. 3888, find the rate on Rs. 5400.
- Find the simple interest and total amount on ₹6500 at 6% per annum for 4 years.
- A certain sum when invested for 3 years in a scheme offering simple interest of 12% p.a. gives an interest of Rs. 802.8. What is 170% of the sum invested?
- A sum of money is invested at a rate of 5% per annum simple interest. If the interest earned in 3 years is ₹900, what is the sum of money invested?
- The simple interest received on a certain sum is Rs. 4500 less than the sum invested. If the sum was invested at 5% p.a. for 15 years, then find the simple...
- A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
- 'K' distributed his investments among two distinct funds, Mutual Fund X and Mutual Fund Y, in the respective ratio of 9:8. While Mutual Fund X generates si...
- The simple interest on a sum of Rs X in 5 years is 2/5 of the principal. What is the annual rate of interest?
- Suppose 'S' invested Rs. 40,000 each at 12% p.a. in two different Funds for 2 years, with one Fund offering compound interest (compounded annually) and the...
- 'Amit' placed an investment of Rs. (x - 600) at a simple interest rate of 10% per annum for a duration of 4 years. On the other hand, 'Bheem' invested Rs. ...
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)