Question

A deposited Rs. 4000 at 15% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 12% simple interest per annum in another scheme
B. Find the interest earned from scheme B after 5 years.

A Rs. 3174
B Rs. 3074
C Rs. 3104
D Rs. 3774
E Rs. 3874
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)