Question

The interest received by investing Rs. 2900 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple interest of 25% p.a. Find the simple interest received.

A Rs. 950
B Rs. 952
C Rs. 957
D Rs. 947
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query

🎓
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)