QUESTIONS PALETTE

04

Minutes

59

Seconds

FM1

Q. 1.Find the difference between the interests earned on Rs. 15000 after two years in two different schemes one offering 12% simple interest and other offering 12% compound interest compounded annually.

Q. 2.Abhi invested a certain amount of money in a scheme offering 20% compound interest for two years. Mona invested Rs.1000 more than Abhi in another scheme offering 25% simple interest for two years. Find the amount invested by Abhi if the difference in the interest earned by Abhi and Mona is Rs.1310.

Q. 3.Divide Rs. 3364 between A and B, so that A’s Share at the end of 5 years may equal to B’s share at the end of 7 years, compound interest being at 5 percent.

Q. 4.Sahil invested Rs. 84000 in a scheme offering simple interest for three years. Rate of interest for first year, second year and third year is 20%, 24% and 25% resp. Find the interest earned by him after three years.

Q. 5.Aman invested Rs.17000 partially in a scheme A, offering 12 compound interest compounded annually and rest in scheme B offering 15% simple interest. Find the amount invested in scheme A, if the total interest earned by him after two years is Rs.4644.

Q. 6.Gopal invested Rs.16000 in a scheme offering 10% compound interest for three years compounded annually. Vimal invested Rs.21000 in a scheme offering 8% simple interest for three years. Find the difference in the interest earned by both of them.

Q. 7.Vikky invested Rs.27,000 partially in a scheme A offering 13% simple interest and rest in scheme B offering 10% compound interest compounded annually. The amount invested in scheme B is how much percent less/more than the amount invested in scheme A if the total interest earned by Vikky after three years is Rs.9822?

Q. 8.A and B invested some amounts in schemes offering simple interest at rate of 8% and 12% per annum resp. A and B deposited their respective amounts for 4 years and 2 years resp. and the interest earned by both of them found to be same. If the amount invested by A is Rs.7000 less than the amount invested by B, find the average of the amounts invested by both of them.

COPYRIGHT © 2021 | All rights Reserved