Question
Rs. 11000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 30 less than the interest received on investing Rs. Y for a year at simple interest of 30% p.a.. Find the value of ‘Y’.
More Simple and compound interest Questions
- Sohan gave Rs. 5000 to Ramesh on simple interest at 12% per annum. After 3 years, he invested the total money received from Ramesh in a plan giving compoun...
- Neha invested Rs. 25,000 at simple interest of 12% p.a. If she kept withdrawing Rs. 5,000 after every one year, then find the total interest earned by Neha...
- The interest earned on investing Rs. 4000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- A sum of ₹6,450 is invested for 3.5 years at a certain annual rate of simple interest, yielding a total interest of ₹2,709. If ₹3,500 is then invested for ...
- Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
- Rs.7600 is divided into two parts such that if one part be invested at 4% and the other at 5%, the annual interest from both the investments is Rs. 336. Fi...
- At what rate percent per annum will a sum of Rs 4,000 earn Rs 960 as simple interest in 3 years?
- A sum of money amounts to Rs 9,200 in 3 years at 5% simple interest per annum. Find the interest earned .
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is invested a...
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)