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Home Aptitude Compound Interest See What Others Are Saying!
  • Question
  • A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum?


  • Options
  • A. Rs. 7000
  • B. Rs. 4500
  • C. Rs. 9000
  • D. Rs. 8200

  • Correct Answer
  • Rs. 9000 

    Explanation

    Let Rs. K invested in each scheme

    Two years C.I on 20% = 20 + 20 + 20x20/100 = 44%

    Two years C.I on 15% = 15 + 15 + 15x15/100 = 32.25%

    Now,

    (P x 44/100) - (P x 32.25/100) = 528.75

    => 11.75 P = 52875

    => P = Rs. 4500

     

    Hence, total invested money = P + P = 4500 + 4500 = Rs. 9000.

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    More questions

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      Raja invested ? 15000 at the rate of 10 % pa for 1 yr. If the interest is compound half-yearly, then find the amount received by Raja at the end of the year.

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    • A. ? 16537.50
    • B. ? 18000
    • C. ? 19000.50
    • D. ? 20000
    • Discuss
    • 2. 
      The value of k for which kx + 3y - k + 3 = 0 and 12x + ky = k, have infinite solutions, is

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    • A. 0
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    • C. 6
    • D. 1
    • Discuss
    • 3. 8, 24, 12, 36, 18, 54, (....)

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    • A. 27
    • B. 108
    • C. 68
    • D. 72
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    • 4. 
      solve 6x + 3y = 7xy and 3x + 9y = 11xy.

    • Options
    • A. x=1, y=3/2
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    • C. x=3/2, y=1/2
    • D. x=1, y= -3/2
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    • 5. 
      The numerator of a fraction is 6x + 1 and the denominator is 7 - 4x, x can have any value between -2 and 2, both included. The values of x for which the numerator is greater

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    • 6. 
      Divide Rs. 600 among A, B and C so that Rs. 40 more than 2/5th of A's share,Rs. 20 more than 2/7th of B's share and Rs. 10 more than 9/17th of C's share may all be equal. What is A's share?

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    • 7. 
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    • 8. Two numbers are respectively 20% and 50% more than a third number. The ratio of the two numbers is:

    • Options
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    • 9. 
      If x + y - 7 = 0 and 3x + y - 13 = 0, then what is 4x 2 + y 2 + 4xy equal to?

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    • 10. 
      The sum of the two position number P and Q is 2.5 time their difference .If the product of the number 84 then the what is the sum of those two number?

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