Question
Rs. (3y + 600) is invested at 40% p.a. compound interest, compounded annually for 2 years, and earns an interest of Rs. (4y - 1200). Determine the value of ‘y’.
More Compound Interest Questions
- Find the compound amount and compound interest on Rs 10,000 at 10% per annum for 2 years, compounded annually.
- A person invests ₹20,000 in a scheme that offers 8% compound interest annually. How much will the investment grow to after 3 years?
- An article is marked 35% above its cost. If a profit of 20% is earned by selling the article, then the discount per cent offered on the marked price of the...
- Divide Rs. 2,440 into two parts such that the first part after 10 years is equal to the second part after 8 years, compound interest being 20% per annum co...
- 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 ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amount and...
- Find the compound interest on Rs. 5000 at 12% per annum for 2 years, compounded annually.
- Sara deposited Rs. 18,000 into an investment that offers a compound interest rate of 20% per annum, with semi-annual compounding. Calculate the interest ac...
- Divide Rs. 53,285 into two parts such that the amount received from first part after 12 years is equal to the amount received from second part after 8 year...
- 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)