Question
What is the difference between the compound interest, when interest is compounded 5-monthly, and the simple interest on a sum of ₹12,000 for 1(1/4) years at 12% per annum?
More Compound Interest Questions
- A sum of money invested at a certain rate of compound interest per annum amounts to ₹86,800 in 2 years and to ₹95,4800 in 3 years. Find the rate of compoun...
- An amount of Rs. 20,000 is invested at 10% per annum. What will be the difference between the compound interest (compounded annually) and simple interest o...
- 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...
- An individual 'P' invested ₹14,000 in a SIP with a compound interest rate of 20% per annum, compounded semi-annually, for a duration of one and a half year...
- A person invested 6,000 in a bank at compound interest compounded annually. After 3 years, the sum became 7,986. What was the rate of interest?
- Determine the compound interest earned on a principal amount of Rs. 10,000, which is invested at an annual interest rate of 42%, with interest being compou...
- Digvijay takes a loan of ₹25,000 at an annual compound interest rate of 10%. He repays ₹4,000 at the end of each year. How much should he pay at the end of...
- Compound interest on a certain sum of money for 2 years is Rs.2660 while the simple interest on the same sum for the same time period is Rs.2500. Find the ...
- 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...
- The simple interest on a sum of money will be Rs. 800 after 10 years. If the principal is tripled after 5 years, what will be total interest at the end of ...
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)
