Question
The difference between compound interest and simple interest at the same rate for Rs. 1800 for 2 years is Rs. 18. The rate of interest per annum is:
More Simple and compound interest Questions
- Ravi lends Rs. 5,000 to two of his friends. He gives Rs.2500 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The...
- A sum of money earns ₹1,440 as simple interest in 4 years at 9% per annum. What is the principal (sum invested)?
- Atul has Rs.600 with him. He invested 30% of the amount at 5% p.a. for 6 years and rest at 15% p.a. for 4 years. Find the sum of simple interests received ...
- Akshay invested Rs. 1200 in two schemes P and Q in the respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
- The interest received by investing Rs. 4000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- A sum of ₹12,000 is invested at an annual interest rate of 10% for 2 years. What is the difference between the compound interest and simple interest at the...
- A sum of money amounts to Rs 5,400 in 3 years and Rs 5,600 in 4 years at simple interest. What is the principal (sum invested)?
- A certain sum when invested for 3 years in a scheme offering simple interest of 16% p.a. gives an interest of Rs. 1032. What is 110% of the sum invested?
- If Rs. 15000 is invested at 14% per annum, compounded yearly, calculate the interest earned in one year.
- I: A sum of money is to be divided into two parts. One part is invested at 10% p.a. simple interest for 3 years, and the other part at 8% p.a. simple inter...
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)