Question
Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the interest received on investing Rs. Y for a year at simple interest of 10% p.a.. Find the value of ‘Y’.
More Simple and compound interest Questions
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 8 years and that for 10 years?
- The difference between the simple interest obtained on two principals for a period of 4 years at 5% p.a. rate of interest is Rs.800. If the sum of the two ...
- Out of a total sum of ₹5,000, Danish invested one part at 12% simple interest per annum and the remaining part at 10% simple interest per annum. If the tot...
- A sum of Rs. 4000 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
- A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 5 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- Rajan invested Rs. 18,000 in a scheme offering x% p.a. simple interest for x years. Interest earned by him after ‘x’ years is Rs. 11520. Find the interest ...
- A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
- How long will a sum of money take to double, if it is invested in 9% p.a. simple interest?(approx).
- Rs.6000 is divided into two parts such that if one part be invested at 5% and the other at 8%, the annual interest from both the investments is Rs. 435. Fi...
- The compound interest received on investing Rs. 10,000 for 2 years at 'y'% p.a., compounded annually is Rs. 3,689. The simple interest earned on investing ...
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)