Question
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount for the same period is
More Simple and compound interest Questions
- Person K invested Rs. 4500 at a compound interest rate of 20% per annum (compounded annually) for 2 years, while person P invested Rs. 5400 at a simple int...
- 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:
- Mr. P invested Rs. ‘2x’ 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 sche...
- Amit lent Rs. 25,000 to Rohit at compound interest of 10% p.a. (compounded annually) for 2 years. Rohit however paid him back at simple interest instead of...
- Find the simple interest on Rs. 6500 at 9% per annum for 4 years.
- A man purchases some number of apples at the rate of 36 apple for Rs. 1. How many for a rupee did he sell to gain 12.5%.
- Raju invested a certain sum at 25% p.a. compound interest, compounded annually, and earned an interest of Rs. 2925 in 2 years. What will be the interest wh...
- Rs. 7440 was partly invested in scheme A at 20% per annum compound interest (compounded annually) for 2 years and partly in scheme B at 20% per annum simpl...
- The interest received on investing Rs. 15,000 for 5 years at simple interest of 'y%' p.a. is Rs. 18,750. Find the total amount received on investing Rs. 12...
- 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 ...
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)