Question
The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. 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
- An amount of Rs. 4,000 was borrowed at 18% p.a. and another amount of Rs. 6,000 at 12% p.a. as simple interest. The total interest paid after ‘n’ years is ...
- A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the compound interest earned when ...
- What is the simple interest on ₹5000 at a rate of 8% per annum for 3 years?
- A person 'P' takes a loan of Rs. 2400 at a simple interest rate of 15% per annum for a duration of 2 years. 'P' then lends the same amount to another perso...
- Rs. 4000 invested at 5% p.a. on simple interest, while Rs. (4000 – A) is invested at 10% p.a. on compound interest. If the difference between total compoun...
- Compound interest on a certain sum of money for 2 years is Rs.3400 while the simple interest on the same sum for the same time period is Rs.3200. Find the ...
- The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of 12% per an...
- At a simple interest rate of 20% per year for three years, 'P' invested Rs. 'p + 250', and for two years, Rs. 'p + 500' at a simple interest rate of 30% pe...
- A businessman invested Rs. 60,000 in two schemes. One scheme offers 9% p.a., and the other offers 14% p.a. If the total interest earned from both schemes a...
- Sunil invested Rs. ‘4x’ in scheme ‘A’ offering simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
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)