Question
An amount of Rs. 2400 is invested at an annual compound interest rate of 20%, while another amount of Rs. 1600 is invested simultaneously at an annual simple interest rate of 15%. Calculate the total interest generated from both investments after 2 years.
More Simple and compound interest Questions
- A sum of money is invested at 8% simple interest per annum. If the interest earned after 4 years is ₹3200, what is the principal amount?
- A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together receive...
- A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest ca...
- A sum of money becomes 3 times of itself in 4 years when invested on simple interest. In how many years will it become 9 times of itself if the rate of int...
- A invested Rs. ‘x’ in a scheme offering compound interest of 40% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- Ankit invested a total of Rs. 63,000 between two SIPs: 'P', offering 10% compound interest compounded annually, and 'Q', offering 12% simple interest per a...
- What is the compounded amount on a sum of 25,000 after three years at a rate of 12 percent per annum interest compounded yearly?
- 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?
- Rs. 3,300 is put into a savings scheme at a simple interest rate of 36% per annum for 3 years. The maturity amount is then invested in a business venture t...
- Riya deposited Rs. x in a savings account that gives 10% p.a. simple interest. If she received Rs. ‘1.5x – 1200’ as interest after 8 years, find x.
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)