Question
A sum of money amounts to Rs 250 in 4 years and Rs 432 in 7 years at a compound rate of interest. What is the rate of interest per annum?
Rate of interest = (difference of amount)/(first amount)× 100 = (6 - 5)/5 × 100 = 20% per annumMore Compound Interest Questions
- Raj and Simran each invested a sum of ₹10,000 for three years at 25% compound interest per annum. However, while for Raj the interest was compounded annual...
- A sum of money is invested at a rate of 12% per annum compound interest for 2 years. If the total amount after 2 years is ₹11,520, what is the principal am...
- The compound interest (compounded annually) on a certain amount for 2 years is Rs. 2415. If the annual rate of interest is 10%, what is the principal amoun...
- Find the difference between CI and SI on ₹5000 at 10% p.a. for 2 years (annual compounding).
- Avantika gets a SI of Rs.4800 on a certain principal at the rate of 6%p.a. in 4 years. What CI will she get on twice the principal in two years at the same...
- Question 6
- At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
- For 2 years at 12.5% p.a. (compounded yearly), CI exceeds SI by Rs. 312.5. Find the sum.
- Amit deposited Rs. 15,000 into an investment with a 12% annual compound interest rate for a duration of two years. Calculate the total interest earned by A...
- In 3 years, Rs. 6000 amounts to Rs. 7986 at certain rate of compound Interest, compounded annually. Find the rate %?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)