Question

span >A man invested a certain amount of sum at 5% per annum simple interest and earned an interest of Rs. 2500 after 5 years. If the same amount is invested at 15% per annum compound interest, compounded annually for two years then the interest would be:

A Rs. 3168
B Rs. 3225
C Rs. 3368
D Rs. 3468
E Rs. 3568
Practice Next

More Simple and compound interest Questions

Hey! Ask a query

🎓
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)