Question
The simple interest received on a certain sum is Rs. 480 less than the sum invested. If the sum was invested at 12% p.a. for 7 years, then find the simple interest received.
More Simple and compound interest Questions
- Rs. 6250 is placed in plan X earning 28% simple interest per annum for 3 years. Half of the maturity amount from plan X is then reinvested in plan Y at 20%...
- The simple interest on Rs. 800 at R% per annum for 5 years is Rs. 200. Find the simple interest on Rs. 1200 at (R + 2)% per annum for 3 years.
- "S" has Rs. 'p' with him. He invested 20% of the sum at 15% p.a. simple interest for 4 years in an FD and the rest at 20% p.a. simple interest for 3 years ...
- A certain amount is split equally between two investment plans. One offers simple interest and the other compound interest, both at the same annual rate co...
- A sum of money amounts to Rs.767 in 3 years, and to Rs.806 in 4 years on simple interest at 6% annum. What is the sum?
- On a certain sum of money, simple interest at 8% per annum for 3 years is Rs 4,800. Find the principal,
- A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the total ...
- Find the simple interest on Rs 12,000 at 6.5% per annum for 2 years 8 months.
- Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
- Rs. 85Y when invested for 4 years at simple interest of 11% p.a., yields an interest of Rs. 2992. If Rs. 105Y is invested for 3 years at compound interest ...
Relevant for Exams:
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)