Question
Suresh earned an interest of Rs. 1290 on principal amount of Rs. 4000 at some rate of compound interest in 2 years. How much more/less interest would he have earned on Rs. 4450 at the same rate of simple interest for the same duration?
More Simple and compound interest Questions
- M invested Rs. 27,000 in two Mutual Funds, 'Axis Funds' and 'ICICI Funds,' for 5 years and 2 years, respectively. 'Axis Funds' provide simple interest at 2...
- A sum of money grows to Rs. 2,800 in 3 years and Rs. 3,280 in 5 years under simple interest. What is the original principal amount?
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- An amount becomes 2.5 times itself in 15 years at a simple interest rate of r% per annum. Find r.
- The simple interest earned on a certain sum at 12% per annum for 6 years is equal to 2/5 of the compound interest earned on ₹10,000 at 15% per annum, compo...
- At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
- The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- A sum of money grows to Rs. 1560 when invested at a simple interest rate of 15% per annum for 2 years. What will be the total amount received if the same s...
- Mr. Arun invested Rs. x in Scheme 1 and Rs. x/4 in Scheme 2. The schemes offered simple interest at 7% p.a. and 12% p.a. respectively. If the interest earn...
- A sum of ₹8,000 is invested at 10% per annum simple interest for 2 years . What is the simple interest earned?
Relevant for Exams:
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)