Interest problem 1 by Dhaval Furia

Algebra Level pending

Amal invests Rs 12000 12000 at 8 % 8\% interest, compounded annually, and Rs 10000 10000 at 6 % 6\% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5 % 7.5\% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is _____


The answer is 20920.

This section requires Javascript.
You are seeing this because something didn't load right. We suggest you, (a) try refreshing the page, (b) enabling javascript if it is disabled on your browser and, finally, (c) loading the non-javascript version of this page . We're sorry about the hassle.

0 solutions

No explanations have been posted yet. Check back later!

0 pending reports

×

Problem Loading...

Note Loading...

Set Loading...