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
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is the differe...
- A laptop charger is sold for Rs.2,540 in cash or for a down payment of Rs.1,340 in cash together with Rs.1,205 to be paid after one month. Find the rate of...
- At simple interest, a sum amounts to Rs 6,800 in 3 years at 12% per annum. Find the principal.
- Rs. 2,250 is the interest earned in 5 years at 9% per annum simple interest. If this amount is invested at 6% per annum for 3 years, what will be the inter...
- At simple interest, a sum of Rs 8,000 amounts to Rs 9,600 in 3 years. Find the rate of interest per annum.
- Nikhil invested two amounts, Rs. '2N' and Rs. '3N', at simple and compound interest rates respectively. The first amount, Rs. '2N', was invested at a simpl...
- Meera took Rs. 3600 at R% S.I. and Rs. 5400 at (R + 4)% S.I. for 3 years. If the total interest amounted to Rs. 3888, find the rate on Rs. 5400.
- If the difference between compound interest and simple interest at 10% p.a is Rs 1 for two years then find the value of sum.
- A certain sum of money becomes Rs. 1300 in 1 year and 2700 in 3 years at certain rate of simple interest. Find the sum of money invested.
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)