Question
span >A builder borrows Rs. 2,550/- to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly instalments. How much will each instalment be ?
More Simple and compound interest Questions
- The interest received on investing Rs. 12,000 for 4 years at simple interest of 'y%' p.a. is Rs. 4,800. Find the total amount received on investing Rs. 8,0...
- Nisha deposited Rs. ‘P’ in a bank offering compound interest of 11% p.a. compounded annually. After 2 years, she invested the amount received from the bank...
- Ankit and Bhupesh invested a certain amount for 5 months and 7 months respectively. The ratio of the profits earned by Ankit to those earned by Bhupesh is ...
- Sunita invested Rs. 10,000 in scheme ‘M’ offering simple interest of 11% p.a. After 2 years, she invested the entire interest earned in scheme ‘N’ offering...
- Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’...
- An amount of Rs. 12,000 invested at simple interest for 4 years becomes Rs. 17,280. Calculate the annual rate of interest.
- A certain sum when invested at compound interest of 8% p.a. amounts to Rs. 5832 in 2 years. Find the amount received when the same sum is invested at 12% p...
- A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference betwe...
- Compound interest received after 2 years on ₹7000 at R% rate of interest compounded annually is ₹1164.8. Find the value of R.
- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. If ...
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)