
A man deposits a part of his savings in a bank and the remaining part in the post office on simple interest. The rate of simple interest of the bank and post office are and respectively and the total amount of his savings is . If he deposits the total savings in the bank, he would get more as interest. What amount of money was deposited in the bank and the post office?
Important Questions on Simple Interest

What will be the simple interest on a sum of Rs. 10000 after 3 years at the rate of 7.3% per annum?
(A) Rs. 2,190
(B) Rs. 2,19,000
(C) Rs. 2,200
(D) Rs. 2,180


In how much time (in years) will Rs 8500 amount to Rs 10200 at simple interest at the rate of 10% per annum?


What is the sum (in ) of money which will become at the rate of per annum at compound interest in three years?





At some rate of simple interest, A lent to B for years and to C for years and received as interest from both of them together. The rate of interest per annum was?


A firm is purchasing two items both on credit on the same day. The credit term offered for the first item is net ; and the credit term offered for the second item is , net . The declared purchase cost of item is and that of item is . If both credits can be paid days after the purchase, what is the total amount to paid out?


Akshaya takes a loan of Rs.3000 for 2 years at 6% annual rate of interest and lends this amount to his friend for two years at 9% annual simple interest. How much did Akshaya earn in one year?






