Question
span >A borrows Rs 6500 from B at 20% p.a compound interest compounded annually. At the end of every year he pays Rs 1500 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
- A certain sum doubles in 9 years at certain rate of simple interest. The same sum under the same interest rate will become 4 times of itself in how many ye...
- 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...
- The difference between compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 200. What is the principal?
- Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme A. Both the schemes offer...
- Ankush puts Rs. 8,000 into two separate Systematic Investment Plans (SIPs) at a compound interest rate of 20% per annum. In SIP 'X', the investment is for ...
- Rs. 5000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inter...
- A certain sum is invested for three years at rate of interest being 25% and it is invested in both simple interest and compound interest (compounded annual...
- The total investment by P and Q is Rs. 7500. P invests his amount at a simple interest rate of 30% per annum for 4 years, while Q invests his amount at a c...
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
- The interest earned when a sum is invested at simple interest of 5% p.a., for 3 years, is Rs. 5280. What will be the total amount received after 2 years on...
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)