Question
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. 4000, then find the sum invested by the man.
More Simple and compound interest Questions
- A sum is lent on compound interest for 2 years at 14% p.a. If the compound interest on the sum is Rs.4194.4, find the sum.
- A sum of Rs. 1,500 is invested at a simple interest rate of 10% per annum for 18 months. If the interest earned is Rs. 'q', find the value of (q - 15).
- The difference between compound interest and simple interest at the same rate for Rs. 2400 for 2 years is Rs. 216. The rate of interest per annum is:
- Calculate the difference between the simple interest and compound interest accrued on an amount of Rs. 1600 over a period of 2 years at an annual interest ...
- Rs. 2,250 is the interest earned in 5 years at 9% per annum simple interest. If this amount is invested at 6% per annum for 3 years, what will be the inter...
- What will be the net CI on Rs. 10000 for 4 years at 10% p.a compounded annually?
- The amount on a certain principal at simple interest is Rs. 6,750 after 2 years and Rs. 9,000 after 5 years. What was the initial sum?
- Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 year...
- A person invests ₹40,000 at a simple interest rate of 5% per annum for 2 years and reinvests the total amount, including interest, in a scheme offering com...
- A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at an a...
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)