Question
On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest on Rs. 10,000 in the same number of years, what should be the rate of simple interest?
More Simple and compound interest Questions
- X invested Rs. 3600 at an annual simple interest rate of (a + 10)% and Rs. 2400 at an annual simple interest rate of a%. After 3 years, the total interest ...
- A sum of money triples itself in 12 years. Find the rate percent per annum.
- A sum of Rs. 30,000 is invested in SIP 'C' which offers 12% p.a. simple interest for 3 years. The interest received from SIP 'C' is invested in SIP 'D' whi...
- Rs. 5,200 is split into two parts. One part is invested at a simple interest rate of 12% per annum, while the other part is invested at a compound interest...
- Raghav invested Rs.1,800 at an annual compound interest rate of 'r%', compounded annually, resulting in a compound interest of Rs.792 after two years. Dete...
- A total amount is divided among A, B, and C in the ratio 7:6:5 respectively. The amount received by C is Rs. 330 less than the average of amounts received ...
- Suresh invested Rs. 12,000 at simple interest of 5% p.a. If he kept withdrawing Rs. 2,000 after every one year, then find the total interest earned by Sure...
- A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
- If the difference between C.I. and S.I. is Rs. 512 at 20% rate of interest in 3 years, then find the principal on C.I.?
- Shankar borrowed Rs. 7,200 at simple interest and repaid an amount of Rs. 9,504 after 7 years. If the interest rate p.a charged for first 4 years was 5% p....
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)