Question

A certain sum is invested for three years at rate of interest being 25% and it is invested in both simple interest and compound interest (compounded annually). If the difference between the compound interest and simple interest is Rs 650, then find the sum invested.

A 2800
B 3200
C 3000
D 3600
E None of the above
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query

🎓
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)