Question
A certain sum of money becomes 3 times of itself in 40 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?
More Simple and compound interest Questions
- A sum of money amounts to ₹6,720 at simple interest in 3 years at 12% per annum. What is the principal ?
- The difference between compound interest and simple interest on a certain sum for 2 years at the same rate of interest is Rs. 144. Also, the simple interes...
- An investor has ₹20,000 to invest in two options: Investment X, offering a 12% annual return, and Investment Y, offering an 8% annual return. If the total ...
- A man deposited Rs.2000 at a simple interest rate of 25% per annum for 4 years. He then reinvested the amount he received into a compound interest scheme f...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is invested a...
- A certain amount of money, when invested at an annual compound interest rate of 'x%' compounded annually, grows to 1.5376 times its original value in 2 yea...
- Alisha had Rs. 7500 with her. She invested 20% of the sum at 7% p.a. and the rest at 13% p.a., both at simple interest for 6 years each. Find the total int...
- An amount of Rs. x is invested in simple interest at 5% per annum for 4 years. If another amount of Rs. (x + 250) is also invested at the same rate for the...
- Anjali invests Rs. 28,000 in scheme 'C' and Rs. 22,000 in scheme 'D'. Scheme 'C' gives 14% interest per annum for 2 years and scheme 'D' gives 11% per annu...
- A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 19965 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
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)