Question
A man borrowed Rs 300 and promised to pay back in 11 equal instalments of Rs 30 each. Find the rate of simple interest per annum?
More Simple and compound interest Questions
- What is the total amount received from an investment of Rs. 8,000 for a period of 18 months, if the compound interest is calculated at 18% per annum and co...
- The list price of product A is Rs. 80 less than the selling price of product B. The list price of product B is 60% higher than the selling price of product...
- Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 20% p.a. and Rs. 4500 in scheme ‘B’ offering simple interest of 10% p.a. What is the differ...
- A builder borrows Rs.195100 to be paid back with CI at the rate of 4% per annum in three equal yearly installments. How much will each installment will?
- Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Vedan...
- A sum of money amounts to ₹8700 in 2 years at a simple interest rate of 8% per annum. If the same sum is invested at compound interest with the same rate a...
- A company declared 20% discount for wholesale buyers on an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He fixed ...
- A person borrows Rs 400 at 5% compound interest per annum. If he returns Rs 200 after one year, then how many more rupees will he have to pay at the end of...
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 44...
- On a certain sum, the simple interest at 20% per annum for 3 years is Rs 8640. What is the difference between the compound interest and simple interest on ...
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)