Question
What will be the amount if a sum of Rs. 5500 is placed at compound interest for 3 years while the rate of interest for the first, second and third years is 4%, 5% and 6% respectively?
More Simple and compound interest Questions
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 2700 and Rs. 2...
- Veeru invested Rs. 2800 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
- Ravi deposits Rs. 8,240 on simple interest at 5% per annum for 4 years. If the total amount he gets back is Rs. '2m', then find the product of the digits o...
- What is the difference between the simple interest earned on an investment of Rs. 16,200 for 5.5 years at an annual interest rate of 8%, and the total amou...
- After 2 years, the ratio between the compound interest obtained from scheme A and B is 99:115 respectively. The total initial investment of both of the sch...
- Some amount out of Rs. 24000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amount ...
- Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is the differe...
- Rs. 2500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
- A man invested Rs. 12000 in bank A at 10% p.a. compound interest for three years. The interest received from the bank A is Rs. 1472 more than the interest ...
- Simple interest on a sum for 2 years is Rs. 300 and compound interest for same period is Rs. 315. Find the principal. (Rate of interest is same for both.)
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)