Question
John borrowed some money from Alex at 10% simple interest per annum. He lended this money to Shaun at 20% compound interest per annum, and made a profit of Rs. 33680 in 4 years. Find the amount that John borrowed?
More Simple and compound interest Questions
- Ramesh lent Rs. 40,000 to Suresh at compound interest of 15% p.a. (compounded annually) for 2 years. Suresh returned the money by calculating simple intere...
- The amount in a bank account after 3 years is ₹1350 when the interest is compounded annually at a rate of 10%. What was the principal amount?
- Raju invests a certain amount at an annual simple interest rate of 6% for 2 years. The total amount he receives after this period is then reinvested at an ...
- The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 10% p.a. for 6 years, then find the simple ...
- A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1400 and simple interest of Rs.1250 at the end of 2 years. ...
- Suresh placed Rs. 6,000 into an investment plan that accrues compound interest at an annual rate of 15%, compounded yearly. Calculate 80% of the compound i...
- In what time will Rs. 2500 amount to Rs. 3327.5 @ 20% compound interest payable half-yearly?
- On a certain sum, the difference between compound interest and simple interest for 2 years at 5% per annum is Rs 50. Find the sum.
- Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is the differe...
- The interest earned by Veer at SI is 24% of the sum invested. If he had invested for 4 years more, then interest received is 150% more than that of earlier...
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)