Question
'A' invests Rs.10,000 for 3 years at a certain rate of interest. At the end of the second year, it amounts to Rs.11,664. Calculate the rate of interest per annum, if interest is compounded annually.
More Compound Interest Questions
- Neena invested Rs.15000 in a fixed deposit scheme for 2 yrs at CI of 9% p.a. How much will Neena get on maturity of the fixed deposit?
- A Bank came up with an interesting investment plan under which it would offer 6% interest compounded half-yearly. Mr. 'X' deposited ₹ 80000 once at the beg...
- The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than th...
- Find the difference between CI and SI on ₹5000 at 10% p.a. for 2 years (annual compounding).
- Find the compound interest on ₹8000 at 10% p.a. compounded annually for 2 years.
- In 3 years, Rs. 6000 amounts to Rs. 7986 at certain rate of compound Interest, compounded annually. Find the rate %?
- A man borrowed ₹10,000 at an interest rate of 12% per annum compounded annually. He repaid ₹4,000 at the end of the first year. What amount should he pay a...
- At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months, if the interest is being compounded quarterly? Calculat...
- A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And invest...
- The compound interest on a certain sum, compounded half-yearly at an annual rate of 20% for one year, is Rs. 540 less than the simple interest on the same ...
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)