Question:medium

Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is

Updated On: Nov 24, 2025

20640
20808
20860
20480

Top Questions on SI & CI

Ramesh bought a mobile from a local store. He paid 1/6 of the price via UPI and 1/3 of the price via cash. He agreed to pay the balance amount a year later. While paying back the balance amount, Ramesh paid 10% interest on the balance amount. If the interest paid was Rs. 6000, what was the original price of the mobile?
View Solution
Ramesh invests 1,200 at 5% simple interest. How much additional money must he invest at 8% simple interest so that his total annual income will be equal to 6% of his total investment during this year?
View Solution
A certain amount of money at compound interest grows to 66,550 in 3 years and 73,205 in 4 years. The rate percent per annum is:
View Solution
₹ 45000 is deposited at compound interest for 4 years. The rates are 6% (1st year), then increase by 1% each year (so 7%, 8%, 9%). Find the approximate amount at the end of 4 years.
View Solution
Want to practice more? Try solving extra ecology questions todayView All Questions

Questions Asked in CAT exam

Sam can complete a job in 20 days when working alone. Mohit is twice as fast as Sam and thrice as fast as Ayana in the same job. They undertake a job with an arrangement where Sam and Mohit work together on the first day, Sam and Ayana on the second day, Mohit and Ayana on the third day, and this three-day pattern is repeated till the work gets completed. Then, the fraction of total work done by Sam is

CAT - 2024
Time and Work

The number of all positive integers up to 500 with non-repeating digits is

CAT - 2024
Number Systems

The midpoints of sides AB, BC, and AC in ∆ABC are M, N, and P, respectively. The medians drawn from A, B, and C intersect the line segments MP, MN and NP at X, Y, and Z, respectively. If the area of ∆ABC is 1440 sq cm, then the area, in sq cm, of ∆XYZ is

CAT - 2024
Mensuration

Gopi marks a price on a product in order to make 20% profit. Ravi gets 10% discount on this marked price, and thus saves Rs 15. Then, the profit, in rupees, made by Gopi by selling the product to Ravi, is

CAT - 2024
Profit and Loss