Exams
Subjects
Classes
Home
Exams
Quantitative Ability and Data Interpretation
SI & CI
ramesh invests 1 200 at 5...
Question:
medium
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?
CMAT - 2024
CMAT
Updated On:
Nov 25, 2025
500
600
1200
1500
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?
XAT - 2025
Quantitative Ability and Data Interpretation
SI & CI
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:
CMAT - 2024
Quantitative Ability and Data Interpretation
SI & CI
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.
SNAP - 2024
Quantitative Ability and Data Interpretation
SI & CI
View Solution
On a certain principal, CI and SI at a certain rate of interest for 2 years is ₹ 16560 and ₹ 14400 respectively. Find the principal and rate of interest per annum.
SNAP - 2024
Quantitative Ability and Data Interpretation
SI & CI
View Solution
Want to practice more? Try solving extra ecology questions today
View All Questions
Questions Asked in CMAT exam
A "Febian Entrepreneur" is a term used to describe a type of entrepreneur who focuses on gradual and steady growth rather than rapid scaling. Which of the following best describes the approach of a Febian Entrepreneur?
CMAT - 2025
Current Affairs
View Solution
The Lean Startup methodology, popularized by Eric Ries, emphasizes a cycle of building, measuring, and learning to create successful products efficiently. Which of the following is a key principle of the Lean Startup approach?
CMAT - 2025
Current Affairs
View Solution
Dudhwa National Park, known for its rich biodiversity and tiger conservation efforts, is located in which Indian state?
CMAT - 2025
Current Affairs
View Solution
The first CDS (Chief of Defence Staff) of India was appointed to enhance coordination and integration among the three branches of the Indian Armed Forces. Who was the first CDS of India?
CMAT - 2025
Current Affairs
View Solution
A clock is set at 8 am. It loses 10 minutes every 24 hours. What will be the true time when the clock shows 11 am?
CMAT - 2025
Logical and Analytical Reasoning Skills
View Solution