Question
A man invested $4,800 in a scheme offering compound interest compounded annually. If the difference between the interest earned in the 2nd year and the 1st year is $48, what is the rate of interest?
More Quant Miscellaneous Questions
- Let f:R→R be defined as f(x) = cosx + sinx. Then the range of f(x) is:
- The derivative of f(x)=sinx ⋅ logx is:
- The following table shows the distribution of marks (out of 100) obtained by 60 students: The mean marks (using mid-points),
- A car covers the first 40 km of a journey at 60 km/h and the next 60 km at 90 km/h. What is the average speed for the entire journey?
- A fruit seller sold 3/5 of his fruits in the first half and 1/2 of the remaining fruits in the second half. If he had 400 fruits at the beginning of the da...
- Arun invests Rs.(y – 2000) in a compound interest scheme at a rate of 12% per annum for 3 years. Rina invests Rs.y in a compound interest scheme at a rate ...
- A factory produces three types of products, X, Y, and Z. The average production of product X over 5 days is 120 units per day. The average production of pr...
- Statement: “Should the government increase subsidies on electric vehicles (EVs) to reduce dependence on imported oil?” Arguments: I. Yes, because if mor...
- The radius of a cylinder is 3 cm and its height is 10 cm. What is its total surface area?
- If 5 sin x - 12 cos x = 0, find the value of tan x.
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)