Question
span >A borrows Rs 5000 from B at 15% p.a compound interest compounded annually. At the end of every year he pays Rs 1250 and at the end of 3rd years he pays all the amount, how much amount does he pay at the end of the 3rd year?
More Simple and compound interest Questions
- At what rate percent per annum will a sum of Rs 5,000 amount to Rs 6,000 in 4 years at simple interest?
- What is the simple interest on a sum of Rs. 10,000 at a rate of 5% per annum for 3 years.
- Kiran lent Rs. 40,000 to a friend at a compound interest rate of 'b%' per annum, compounded annually. After one year, the friend returned Rs. 44,800. If Ki...
- Rs. 6500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 14% p.a. If the int...
- A man invested Rs.Y in a scheme S at 14% rate of simple interest for 7 years. After 7 years, he reinvested the amount received from the scheme S at same ti...
- Aman invested Rs. 6,500 in scheme ‘Alpha’ which offered compound interest compounded annually at 10% per annum for 3 years. He also put Rs. ‘P’ in scheme ‘...
- A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:
- A sum of Rs. 20000 earns compound interest at 9% per annum, compounded half yearly. Find the total interest at the end of one year.
- The interest received by investing Rs. 2800 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- When two equal amounts are deposited for 7 years and 5 years at the rate of 6% and 8% per annum respectively, the difference of their simple interest is 30...
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)