Question
‘J’, ‘K’ and ‘L’, each of them invested Rs. 5000 at the rate of 18% p.a., 22% p.a. and 40% p.a., respectively for 6 years, 5 years and 3 years, respectively. Find the sum of simple interests received by them.
More Simple and compound interest Questions
- The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of 12% per an...
- Rs. 15,000 becomes Rs. 21,900 after 6 years on simple interest. What is the rate of interest per annum?
- At what annual rate of compound interest (compounded yearly) will Rs 5000 amount to Rs 5832 in 2 years?
- Mr. Ghanshyam deposited certain amount in the Bank at the end of each year. How much amount did he deposit at the end of each year at the rate of 15% simpl...
- Calculate the compound interest earned by depositing Rs. 8,000 at an annual interest rate of 40%, compounded quarterly, for 9 months.
- Rs. ’P’ invested at a rate of 10% p.a. compound interest (compounded annually) amounts to Rs. 7744 at the end of 2 years. Find the simple interest earned a...
- Akshay invested Rs. 1200 in two schemes P and Q in the respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
- What is the difference between the simple interest earned on an investment of Rs. 16,200 for 5.5 years at an annual interest rate of 8%, and the total amou...
- Simple interest received at the rate of 12% p.a. for 10 years on a principal amount of Rs. 3600 is twice of the simple interest received at 10% p.a. for 6 ...
- The difference between compound interest and simple interest at rate of 24% per annum for 2 years is Rs. 288. Find the simple interest obtained on same amo...
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