Question
A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 20763.6 at the end of 15 months if the rate of interest is compounded 5 monthly. Find the sum (in Rs.).
More Simple and compound interest Questions
- An amount of Rs. 7200 is invested at 30% p.a. simple interest for 5 years. The interest gained is then deposited at 10% p.a. compound interest for 2 years....
- An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 years, ...
- Ravi lends Rs. 5,000 to two of his friends. He gives Rs.2500 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The...
- A sum of Rs. 2000 earns a simple interest of Rs. 600 in 5 years at R% per annum. Calculate the simple interest on Rs. 2500 at the rate of (R + 2)% per annu...
- A sum of money doubles itself in 5 years at simple interest. What is the rate of interest per annum?
- Aarti invested Rs. ‘x’ at the rate of 13% p.a. simple interest for 4 years, and Pranav invested 60% of x at 10% p.a. compounded annually for 2 years. Their...
- A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
- The interest received on investing Rs. 12,000 for 4 years at simple interest of 'y%' p.a. is Rs. 4,800. Find the total amount received on investing Rs. 8,0...
- sum invested at a certain rate of compound interest, compounded annually amounts to Rs.12,240 after 2 years and amounts to Rs. 17,625.6 after 4 years. If 6...
- Rs. 95Y invested for 2 years at simple interest of 16% p.a., yields an interest of Rs. 3040. If Rs. 115Y is invested for 2 years at compound interest (comp...
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)