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
- Find the compound interest on Rs. 5000 at 8% per annum for 2 years, compounded annually.
- What is the compound interest in a sum of 7500 for 12/5 years at 20% p.a., interest compounded yearly (nearest to an integer)?
- 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...
- Question 4
- Mr. Kalra borrowed ₹1,55,000 to meet the expenses of his son's education. If the rate of interest is 12% per annum compounded annually, then how much amoun...
- A person invests ₹80,000 in a mutual fund. The investment grows at a rate of 8% per annum, compounded annually. After 3 years, he decides to withdraw ₹10,0...
- 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?
- A man invests ₹50,000 in a scheme offering compound interest at 10% per annum, compounded annually. He withdraws ₹25,000 after 2 years. If he lets the rema...
- Find the compound interest on Rs 4,000 at 20% per annum for 2 years, compounded annually.
- A sum becomes Rs. 9680 in 2 years at compound interest compounded annually at 10% per annum. Find the principal.
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)
