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
- A man invested Rs.45000 in a fixed deposit scheme for 3 yrs at CI of 12% p.a. How much will a man get on maturity of the fixed deposit?
- 'A' invested Rs. 20,000 on compound interest at 'p%' p.a. (compounded annually) for two years. 'B' invested Rs. 9,600 on simple interest at 'q%' p.a. for f...
- The selling price of the book is 20% more than the selling price of the bag and the selling price of the bottle is 20% less than the selling price of the b...
- Mr. X invested Rs. 500 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 12% per annum and ...
- On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest ...
- A sum becomes four times itself when invested at r% p.a. simple interest for 12 years. Find the rate of interest.
- Roshan and Rahul received marks in their quarterly exam in a ratio of 9:8. Additionally, the ratio of marks Roshan obtained in the quarterly exam to the ma...
- 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...
- Find the rate of simple interest at which Rs. 8000 should be invested for 2 years so that the interest earned will be same as the interest received when th...
- The compound interest received on investing Rs. 10,000 for 2 years at 'y'% p.a., compounded annually is Rs. 3,689. The simple interest earned on investing ...
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)