Question
A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs. 4848, then find the approximate sum invested by the man.
Substitute the values: 
More Simple and compound interest Questions
- A sum of money becomes Rs. 6500 in 3 years at 10% simple interest per annum. Find the principal and the interest earned.
- A sum of Rs. 6000 at a certain rate of interest in simple interest for six years is amounted to Rs. 11400. If the same sum of money at same rate of interes...
- A man invested Rs. 5,000 at simple interest of 'x%' p.a. and received Rs. 12,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%' p....
- The difference between the compound interest compounded annually and simple interest of a sum at 8% p.a. for 2 years is Rs. 64. Find the sum.
- Riya deposited Rs. x in a savings account that gives 10% p.a. simple interest. If she received Rs. ‘1.5x – 1200’ as interest after 8 years, find x.
- If the rate of interest is 5% compounded quarterly. What will be the approximate amount if P invests Rs.5000 for 1 year?
- A sum of money grows to Rs. 2,800 in 3 years and Rs. 3,280 in 5 years under simple interest. What is the original principal amount?
- A woman borrows Rs. 80,000 from a bank at 8% per annum. She invests Rs. 30,000 of it in a business at 12% per annum and the rest at 10% per annum. Calculat...
- Find the difference between compound interest and simple interest on Rs 5,000 for 2 years at 8% per annum (compounded annually).
- Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the inte...
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)