Question
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2000 after 4 years. If the same amount is invested at 20% per annum compound interest, compounded annually for two years, then find the interest.
More Simple and compound interest Questions
- Mr. P invested Rs. ‘10x’ in scheme ‘A’ offering simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sch...
- The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
- Deepa placed Rs. 3500 at R% p.a. simple interest for 6 years and Rs. 1500 at (R + 4)% p.a. simple interest for 6 years. If her total interest is Rs. 4560, ...
- Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 2500 and Rs. 2...
- Rohit invested a certain amount at a simple interest rate of r% per annum, which increased to 180% of the original amount over 5 years. If Rs. 2500 is inv...
- A sum of money amounts to Rs. 2040 at 18% per annum simple interest after 2 years. If the same sum is invested at the same rate of interest, but compounded...
- Some amount out of Rs. 24000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amount ...
- An amount becomes Rs. 9,360 in 3 years when invested at simple interest at the rate of r% per annum. If the interest rate had been (r + 4)% per annum, the ...
- A sum is lent on compound interest for 2 years at 14% p.a. If the compound interest on the sum is Rs.5392.8, find the sum.
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)