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Let, the amount be Rs. P. P[(1 + 12/100)2 – 1] – P × 12% × 2 = 144 P × 0.2544 – P × 0.24 = 144 P × 0.0144 = 144 P = 144 ÷ 0.0144 = Rs. 10000 Therefore, required interest = 10000 × 10% × 2 = Rs. 2000
A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
At what % of simple interest per annum will Rs. 400 amount to Rs. 520 in five years?
The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is investe...
Anjali invested Rs.24000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
A sum of ₹10,000 is invested in two parts: one part at 12% per annum simple interest and the other part at 8% per annum simple interest. After 3 years...
A sum of Rs. 3600 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
A sum of ₹20,000 is invested at a compound interest rate of 5% per annum for 4 years. What will be the total amount after 4 years, and what is the tot...
Mr. X invested Rs. 700 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 5% per annum an...
A took a loan of Rs.6980 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
