Question
Rahul placed Rs. 40,000 between two investment options, ‘E’ and ‘F’, for 6 years and 3 years, respectively. Option ‘E’ accrues simple interest at 10% per annum, and option ‘F’ grows by compound interest (compounded annually) at 20% per annum. What amount was put into option ‘F’ if the interest from ‘E’ exceeds that from ‘F’ by Rs. 1,200?
More Simple and compound interest Questions
- Arjun made two investments: the first was Rs. 1,600 at an annual simple interest rate of R% for a period of 2 years, and the second was Rs. 2,000 at an ann...
- The speeds of boats A and B in still water are in the ratio 5:3. The upstream speed of A is the same as the downstream speed of B. If the stream flows at 4...
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- If Rs. 35,000 amounts to Rs. 42350 in two years compounded annually, find the rate of interest per annum.
- Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years. F...
- "A person 'P' deposited Rs. ‘a’ in SIP 'A' and Rs. ‘b’ in SIP 'B'. He invested in SIP 'A' for 4 years at a simple interest rate of 5% p.a., while in SIP 'B...
- A certain sum of money becomes Rs. 1250 in 1 year and 3556 in 3 years at certain rate of simple interest. Find the sum of money invested.
- A man deposited Rs. 20000 at 10% compound interest, compounded annually while Rs. 19000 at 12% simple interest per annum. What will be the difference betwe...
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 years a...
- Arjun borrowed Rs. 11,000 at a simple interest rate of 9% p.a., and Rs. 7,000 at 10% p.a. The total interest paid after ‘n’ years was Rs. 6,260. Find the v...
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
