Question
A man invested certain sum at 10% p.a. simple interest for his son who was 17 years old. If the amount received by the son when he was 30 years old is Rs. 13200, then find the sum invested by the man.
More Simple and compound interest Questions
- "Zampa invested Rs.__________ in an SBI Contra fund with a 20% annual compound interest, compounded annually. At the end of each year, the bank deducts a 1...
- A sum of Rs. 30,000 is invested in SIP 'C' which offers 12% p.a. simple interest for 3 years. The interest received from SIP 'C' is invested in SIP 'D' whi...
- On a certain sum, the difference between compound interest and simple interest for 2 years at 5% per annum is Rs 50. Find the sum.
- Mr. P invested Rs. ‘8x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- If the difference in interest between two banks on Rs 500 for 2 years is 12.50 then what will be the difference in their rates?
- A certain sum of money invested at a rate of 12% p.a. amounts to Rs. 11576.25 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...
- A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned after ...
- A and B started a business with initial investments of Rs. 26000 and Rs. 27000 respectively. After one year, a profit of Rs. 10600 is earned. A being a wor...
- A sum of money earns Rs.500 as Simple Interest (SI) in 2 years at r% per annum. If the Compound Interest (CI) compounded annually for 2 years is Rs.25 more...
- A certain sum of money amounts to Rs 1331 in 3 years at 10 percent compounded annually. Find the value of (CI-SI)?
Relevant for Exams:
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)