Question
The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amount for a period of 2 years at rate of 10% per annum.
More Simple and compound interest Questions
- Aman invested two equal amounts in two different projects. In the first project, the amount is invested at 5% p.a. on SI for T years and the SI received is...
- Rs.5400 is divided into two parts such that if one part be invested at 6% and the other at 9%, the annual interest from both the investments is Rs. 435. Fi...
- A woman invested a certain amount in scheme 'A' at simple interest of 18% p.a. for 4 years. She then reinvested the total amount received in scheme 'B' whi...
- Dinesh invested Rs. (P-500) at the rate of 27% per annum on simple interest and at the end of three years, he got Rs. 4860 as an interest. Pankaj invested ...
- A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference between...
- A certain sum amounts to Rs. 1800 in 3 years and to Rs. 2592 in 5 years, when invested at R% p.a. compound interest, compounded annually. Find the amount r...
- If Rs. 80,000 is invested at 9% per annum simple interest for 6 years, how much amount will be received in the end?
- Simple interest received at the rate of 12% p.a. for 10 years on a principal amount of Rs. 3600 is twice of the simple interest received at 10% p.a. for 6 ...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1100 and Rs. 1...
- Rs.5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. Ho...
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)