Question
The difference between compound interest and simple interest at rate of 28% per annum for 2 years is Rs. 392. 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
- A sum of money invested for 2 years at 20% compounded annually and similar money invested for 3 years on simple interest at 10% per annum. If the differenc...
- A certain amount becomes Rs. 4200 in 4 years and Rs. 4800 in 6 years at simple interest. Find the interest earned if the same sum is invested at 20% p.a. c...
- A sum of Rs. 8000 amounts to Rs. 9200 in 3 years at simple interest. Find the rate per annum.
- A certain sum at simple interest amounts to Rs 1040 in 3 Yr and to Rs 1360 in 7 yr. Then the sum is ?
- A sum is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtained ...
- Hitesh divided Rs. 20,100 into two portions. He invested the first portion at 6% simple interest per annum for 5 years, and the second portion at 20% simpl...
- Rohan deposited Rs. ‘Y’ in a bank offering compound interest of 10% p.a. compounded annually. After 3 years, he invested the amount received from the bank ...
- Raj invested equal amounts in two schemes x and y at compound interest. In scheme x, the rate of interest was 8% per annum and in scheme y the rate of inte...
- A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
- Ajay lent Rs. 80,000 to Rahul at compound interest of 5% p.a. (compounded annually) for 2 years. Rahul tricked Ajay by paying simple interest instead. Find...
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)