Question
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 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
- If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
- A sum of money amounts to ₹13,200 after 3 years at a certain simple interest rate. If the principal was ₹10,000, what was the rate of interest per annum?
- The difference between compound interest and simple interest at rate of 18% per annum for 2 years is Rs. 486. Find the simple interest obtained on same amo...
- Mr. X invested Rs. 700 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 5% per annum and 1...
- A person lends ₹16,000 to a client at a simple interest rate of 8% per annum. After 30 months, the client repays ₹9,200 and requests an extension for the r...
- Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’...
- Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(can c...
- Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inte...
- 'P' invests a certain amount at an annual compound interest rate of 15% for two years, earning Rs. 3870 in interest. He then reinvests the total sum she re...
- A laptop charger is sold for Rs.2,540 in cash or for a down payment of Rs.1,340 in cash together with Rs.1,205 to be paid after one month. Find the rate of...
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)