Question
The compound interest on a certain amount for 2 years at 4% per annum is ₹ 1,428 if interest is compounded annually. Find the simple interest on that amount for 2 years at 4% per annum?
type-ssc
More Simple and compound interest Questions
- Divide Rs 2,760 in to two parts such that when these are invested for 2 and 4 years, respectively, at the rate of 5% per annum simple interest, the amounts...
- On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest ...
- Ashish invests an amount of Rs. 'A' into two different SIPs, named 'P' and 'Q', for durations of 3 years and 2 years respectively. The first SIP 'P' yields...
- Dinesh invested Rs. (P-500) at the rate of 27% per annum on simple interest and at the end of three years, he got Rs. 4860 as an interest. Pankaj invested ...
- Rishi invested a sum of money for 2 years in a simple interest scheme at an annual rate of 30%, and received Rs. 7200 at the end of this period. Calculate ...
- The value of an investment at simple interest grows to Rs. 11,200 in 2 years and Rs. 15,200 in 6 years. What was the principal amount?
- Rs. 8000 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 6% p.a. If the inte...
- Priya deposited Rs. 16,000 in scheme ‘A’ which offers simple interest of 11% p.a., for 5 years and Rs. 9,000 in scheme ‘B’ which offers simple interest of ...
- A person lent Rs. 40000 at 8% p.a. compound interest, compounded annually for two years. After two years, the total amount earned by the person is again le...
- A sum of Rs 8,000 is invested at 6% simple interest per annum. In how many years will the interest amount be Rs 2,400?
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)