Question
Rs. ’P’ invested at a rate of 8% p.a. compound interest (compounded annually) amounts to Rs. 7231.68 at the end of 2 years. Find the simple interest earned at the end of 7 years if the same amount is invested at the same rate.
More Simple and compound interest Questions
- A sum when invested at simple interest of 10% p.a. becomes Rs. 2,400 in 6 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- A borrowed Rs. 6500 from B for his business. How much amount A will return to B at the end of 48 months such that the sum was borrowed at simple interest o...
- A took a loan of Rs.5320 at simple interest of 20% p.a. and invested the same money in a scheme at simple interest of 30% p.a. Find the profit earned by A ...
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
- A principal amount of Rs._____ was put in a scheme at 20% simple interest per annum for 4 years. After that, 2/3rd of the matured amount was again invested...
- A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 year...
- A man invests a total of Rs. 12,000 in two different parts. The first part is invested at 8% per annum simple interest and the second part is invested at 1...
- A sum becomes four times itself when invested at r% p.a. simple interest for 12 years. Find the rate of interest.
- Rs.7600 is divided into two parts such that if one part be invested at 4% and the other at 5%, the annual interest from both the investments is Rs. 336. Fi...
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)