Question
The interest earned when a sum is invested at simple interest of 18% p.a., for 3 years, is Rs. 1350. What will be the total amount received after 2 years on investing the same sum at compound interest (compounded annually) of 10% interest p.a.?
More Simple and compound interest Questions
- Jeevan borrowed an amount of Rs. 'x' from a bank. Out of this, he lent 25% of the borrowed amount to Jeshu at a simple interest rate of 20% per annum for 2...
- Anjali invested Rs.14000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the...
- A sum of ₹12,000 is invested at 8% per annum simple interest for 3 years. What will be the interest earned?
- A person invests ₹40,000 at a simple interest rate of 5% per annum for 2 years and reinvests the total amount, including interest, in a scheme offering com...
- A sum of money at a specific annual simple interest rate grows to Rs. 2900 in 3 years and Rs. 3500 in 5 years. Calculate the interest earned when this same...
- The difference between compound interest and simple interest on a sum for 2 years at 20% per annum is Rs 192. Find the principal.
- Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- Akshay invested Rs. 960 in two schemes P and Q in the respective ratio of 5:3. Scheme P and Q are offering simple interest at the rate of 7% per annum and ...
- A sum of money is divided into two parts and invested at simple interest for 3 years. One part is invested at 8% p.a. and the other part at 12% p.a. The to...
- What is the simple interest on a sum of Rs. 10,000 at a rate of 5% 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)