Question
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 15% p.a. for 2 years, is Rs. 90. If Rs. (P + 2000) is invested at the same rate p.a., then find the compound interest, compounded annually earned after 3 years.
More Simple and compound interest Questions
- Puneet invested Rs. 28,000 for 4.5 years, while Qureshi invested Rs. 8,000 more than Puneet for a duration of 3.5 years in a business. If their combined pr...
- A sum when invested at a certain rate of simple interest becomes 3 times itself in 25 years. Find the rate of interest.
- Vipul invested Rs.4000 at the rate of R% simple interest for four years and he got Rs.1600 as interest. If he invest same amount for 2 years in C.I. and ra...
- Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inte...
- Rs. 6,000 is deposited in Scheme 'X' which provides compound interest at 8% per annum, compounded annually. Another amount of Rs. 5600 is invested in Schem...
- Rohit invested Rs. (x + 1500) in scheme ‘A’ which offers simple interest of 14% p.a. and Rs. (x + 2500) in scheme ‘B’ which offers simple interest of 10% p...
- A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of Rs...
- An amount of Rs. x is invested in SIP ‘A’ under compound interest at a rate of 16% per annum, compounded annually, for 2 years. Another amount, Rs. (2x−500...
- A person deposited Rs. 30,000 in a savings account that earned simple interest at a rate of 'x%' per annum. After 2 years, the total amount in the account ...
- A certain amount becomes four times in 25 years under simple interest at a r% per annum. If Rs.8,000 is invested at (r − 4)% simple interest per annum, the...
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)