Question

span >A man invested a certain amount of sum at 10% per annum simple interest and earned an interest of Rs 5000 after 2 years. If the same amount is invested at 24% per annum compound interest, compounded annually for two years then the interest would be:

A Rs. 46250
B Rs. 34500
C Rs. 13440
D Rs. 23205
E Rs. 33750
Practice Next

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)