Login / Signup

Question

A difference between the interst received from two different bank on Rs. 400/- for 2 years is Rs. 4/-. What is the difference between their rates ?

A 0.5%

B 0.2%

C 0.23%

D 0.52%

Practice Next

More Simple and compound interest Questions

A sum of money grows to Rs. 5,400 in 6 years and Rs. 6,000 in 8 years under simple interest. What is the original principal amount?
A sum of Rs. 6,000 earns Rs. 1,080 as simple interest in 3 years. What will be the simple interest on Rs. 8,000 for 4 years at the same rate?
A certain amount earns simple interest of Rs. 1420 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
A man invested amount X in scheme A at 8 % per annum simple interest for 2 years which gives him the interest of Rs 1840. Find the compound interest if he ...
Amit placed an amount 'p' in Fund 'X' that offers a 10% compound interest per annum and also invested Rs. (p + 1000) in Fund 'Y' that offers a 15% simple i...
Simple interest on Rs. 1500 at R% per annum for 2 years is Rs. 240. Find the simple interest on Rs. 2000 at (R + 5)% per annum for 4 years.
The simple interest on a sum for 2 years at r% per annum is Rs 500 and the compound interest (compounded annually) on the same sum for 2 years at the same ...
A sum of money amounts to Rs. 6800 in 4 years at 9% simple interest per annum. Find the principal and the interest earned.
A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 7200 in 24 months. If the same sum had been invested for 1 year at compound interest of...

Relevant for Exams:

SBI Clerk

Hey! Ask a query

ask-question