Question
A sum of ₹15,625 is invested for 2 years at an annual interest rate of 8%. For the first 1.5 years, the interest is compounded semi-annually, and for the remaining 0.5 years, it is compounded quarterly. Calculate the final amount.
Amount after Next 0.5 years (quarterly compounding): Quarterly rate = 8/4 = 2% 
= 18286.07 ~18286More Simple and compound interest Questions
- If a sum of Rs. 6,500 is to be borrowed for 2 years at 10% per annum compounded half-yearly, find the compound amount (integer values only).
- A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
- The difference between compound and simple interest on a sum of money for 2 years at 20% per annum is Rs. 987. The sum is:
- Neha invests Rs. P in Scheme A at 12% p.a. simple interest for 3 years and Rs. Q in Scheme B at 10% p.a. compound interest for 2 years. If the ratio of int...
- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum is Rs 40. Find the principal.
- The interest received by investing Rs. 1000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 4 years at simple intere...
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 160% of itself in 6 years. Find the interest earned when Rs. 2400 is inves...
- Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests received ...
- A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple interest...
- A&B invested their sum in the ratio of 22: 25. Respectively. In two different schemes. Offering simple interest of 15% per annum and compound interest of 1...
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)