Question
Vimal invested Rs. 3250 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, compounded annually for another 2 years. Find the final amount received by Vimal at the end of 5 years.
More Simple and compound interest Questions
- The amount of a certain sum in 3 years at simple interest at x % p.a. is ₹5,472 and the amount of the same sum in 7(1/2) years at the same rate, at simple ...
- An investment of Rs. 20,000 at simple interest amounts to Rs. 25,500 in 5 years. Find the annual rate of interest.
- A sum of money grows to Rs. 3,640 in 6 years and Rs. 4,120 in 8 years under simple interest. What is the original principal amount?
- Simple interest received at the rate of 8% p.a. for 4 years on a principal amount of Rs. 6600 is twice of the simple interest received at 10% p.a. for 6 ye...
- Amit lent Rs. 25,000 to Rohit at compound interest of 10% p.a. (compounded annually) for 2 years. Rohit however paid him back at simple interest instead of...
- Mitch placed Rs. 32,000 in a compound interest account with an annual rate of 30%, compounded semi-annually. After investing for a period of 15 months, cal...
- What sum of money at 120% compound interest per annum amounts to Rs.376.32 in 2 years?
- A principal amount of Rs. 2,000 earns a simple interest of Rs. 375 in 2 years and 6 months. What is the annual rate of interest?
- The amount becomes ₹ 1,451.25 in one year on a simple rate of interest. If the rate of interest was 2% higher, the amount would have been ₹ 27 more. What i...
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 years a...
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)