Question
A table is available for Rs.350 or for Rs. 150 cash down payment together with Rs.230 to be paid after two months. Find the rate of interest charged under this scheme.
More Simple and compound interest Questions
- Anil borrowed Rs.20000 on CI at the rate of 10% for three years. He paid at the end of first year (1/8)th of amount and end of second year (1/5)th of amoun...
- A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the compound interest earned when ...
- Sandeep borrowed Rs. 20,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'K' to this money and lent the total sum t...
- A man deposited Rs. 20000 at 10% compound interest, compounded annually while Rs. 19000 at 12% simple interest per annum. What will be the difference betwe...
- A man invested Rs. 12000 in bank A at 10% p.a. compound interest for three years. The interest received from the bank A is Rs. 1472 more than the interest ...
- 'Iqbal' deposited Rs. 11,200 in a SIP at simple interest of 13% p.a. If he earned Rs. 8,736 as interest, then find the duration (in years) for which the mo...
- sum invested at a certain rate of compound interest, compounded annually amounts to Rs.12,240 after 2 years and amounts to Rs. 17,625.6 after 4 years. If 6...
- The amount of simple interest earned on ₹4080 at an annual rate of 7.5% for t years is compared to the simple interest earned on ₹3250 at an annual rate of...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 3500 and Rs. 3...
- A sum of Rs. 5000 amounts to Rs. 6655 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same sum ...
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)