Question
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 interest of 21% p.a. Find the simple interest received.
More Simple and compound interest Questions
- Neha deposits Rs. 9,000 at a simple interest rate of 7% per annum for 5 years. What amount will she get at the end of the term?
- 'S' undertook an investment endeavor by allocating a capital denoted as 'a + 1000' into a scheme yielding a straightforward interest rate of 20% per annum ...
- Vikas borrowed Rs. 10,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'Z' to this money and lent the total sum to ...
- 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 ...
- A sum is lent on compound interest for 2 years at 9% p.a. If the compound interest on the sum is Rs.2257.2, find the sum.
- An amount becomes Rs. 9,360 in 3 years when invested at simple interest at the rate of r% per annum. If the interest rate had been (r + 4)% per annum, the ...
- The simple interest on a sum of money at 6% per annum for 5 years is Rs. 1800. Find the principal.
- An individual 'P' received Rs. 6,750 as interest by investing Rs. 15,000 at a simple interest rate of 18% per annum for 'x' months. If the same amount was ...
- If the difference between the simple interest and compound interest, compounded annually, on Rs. 40,000 at (r + 4)% rate of interest for 2 years is Rs. 256...
- Sneha invested Rs. 2700 at 15% p.a. for 2 years and Gopal invested Rs. 3600 for 1.5 years at 18% p.a. Find how much more interest Sneha received than Gopal...
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)