Question
A invested Rs. ‘x’ in a scheme offering compound interest of 10% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 6320), then find the value of ‘x’.
More Simple and compound interest Questions
- Ravi deposits Rs. 8,240 on simple interest at 5% per annum for 4 years. If the total amount he gets back is Rs. '2m', then find the product of the digits o...
- A certain sum of money invested at R% p.a. simple interest amounts to Rs. 17760 after 4 years and Rs. 22080 after 7 years. If the same sum of money is inve...
- The speeds of boats A and B in still water are in the ratio 5:3. The upstream speed of A is the same as the downstream speed of B. If the stream flows at 4...
- A sum of money gets eight times in 15 years , in how many years it will be 512 times in CI?
- A certain amount grows to Rs. 9,240 in 6 years at a simple interest rate of r% per annum. If the rate had been (r + 2)% p.a., the amount would have become ...
- Anjali invested Rs.10000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the...
- A person invested Rs. (P) in scheme A at 15% simple interest for 4 years and invested Rs. (P) in scheme B at (R%) simple interest for 2 years. The total in...
- What is the total amount received from an investment of Rs. 8,000 for a period of 18 months, if the compound interest is calculated at 18% per annum and co...
- Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
- ‘M’ invested Rs. 3600 for (t + 6) months, while ‘N’ invested Rs. 900 more than ‘M’ for (t - 1) months, in a business. If profit received by ‘N’ out of tota...
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)