Question
A man invested certain sum at simple interest of r% p.a. such that it amounts to 124% of itself in 10 years. Find the interest earned when Rs. 10000 is invested at simple interest of r% p.a. for 3 years.
More Simple and compound interest Questions
- Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together receive...
- P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same...
- Scheme A provides an interest rate of R% compounded annually, while Scheme B offers simple interest at the same rate. Anoop has invested Rs. 1200 in both s...
- Sneha deposited Rs. ‘R’ in a bank offering compound interest of 13% p.a. compounded annually. After 3 years, she invested the amount received from the bank...
- Determine the value of 'K' if an investment of Rs. 30,000, made under a simple interest scheme at an annual rate of 18%, yields an interest amount of Rs. (...
- A man buys a car for ₹800,000. He sells it after 3 years at a loss of 15%. If he invests the selling amount in a fixed deposit at an interest rate (simple ...
- A certain sum of money earns Rs. 2,400 as simple interest at 8% per annum in 3 years. What is the principal (sum invested)?
- A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity. What was the sun invested in?
- A sum of money gets thrice in 10 years , in how many years it will be 27 times in CI?
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)