Question
A man deposited Rs. 8500 in a bank offering compound interest of 20% p.a. compounded annually for first 2.5 years and after that simple interest of 25% p.a. for rest of the time. If at the end of two and half years, he withdrew Rs. 9464; then amount received by him at the end of 4 years will be:
More Simple and compound interest Questions
- Sneha deposited Rs. ‘R’ in a bank offering compound interest of 13% p.a. compounded annually. After 3 years, she invested the amount received from the bank...
- David takes a loan of Rs. 20000 from his friend Alex, which he is to return at 10% p.a. simple interest after 5 years. Alex takes a loan from George, which...
- Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6 ye...
- The interest received by investing Rs. 1000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 4 years at simple intere...
- The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- Vishal invested Rs. 3750 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, ...
- Two cousins, P and Q, made investments in two separate SIPs with different simple interest rates of 12% per annum and 15% per annum, respectively. After 4 ...
- The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
- The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same amo...
- Find the simple interest on Rs 5,000 at 6% per annum for 3 years.
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)