Question
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 amount will he have to make after 2 years and 3 months to settle the account?
More Compound Interest Questions
- 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...
- A sum of ₹ 2,400 compounded annually at a certain rate of compound interest in 2 years amounts to ₹ 2,904. What will be the simple interest (in ₹) on the a...
- 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 a...
- 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...
- A sum of ₹10000 is invested at compound interest for 2 years. If the interest rate is 5% per annum, what is the total amount after 2 years?
- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum is 20. Find the principal.
- Rahul invested ₹4,000 in a scheme offering a compound interest rate of 16% per annum, compounded semi-annually. Calculate the total interest earned by him ...
- Krishna lends ₹48000 to Neelam for a year at 25% interest per annum, compounded half yearly. Find the interest that must be paid by Neelam.
- A sum of money was invested at 10% p.a. compound interest (compounded annually), and it amounted to Rs. 6050 at the end of 2 years. Find the original sum.
- 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...
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)