Question
Rs. (x + 800) is invested at 12% simple interest per annum for 5 years. The interest earned is Rs. (x - 320). If Rs. (x - 400) is invested at 8% simple interest per annum for 4 years, how much less will the interest earned be compared to the previous interest earned?
More Simple and compound interest Questions
- The simple interest on a sum of money for 4 years at 8% per annum is ₹1,280. What will be the compound interest on the same sum at the same rate of interes...
- At simple interest, a sum of money amounts to Rs 8,400 in 2 years and Rs 8,800 in 4 years. Find the rate of interest per annum.
- A certain sum of money becomes 2500 in 6 years and Rs. 3240 in 10 years at any certain rate of simple interest. Find the principal amount.
- A and B started a business with initial investments of Rs. 25000 and Rs. 30000 respectively. After one year, a profit of Rs. 11000 is earned. A being a wor...
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- Kamal invested Rs. 6,250 in scheme ‘A’ offering simple interest of 13% p.a. 4 years later, he reinvested the entire interest earned from scheme ‘A’ in anot...
- A person took a loan from a bank at a 20% p.a. simple interest. If after 30 months, he repaid Rs. 7,500 to settle his debt, find the principal amount he bo...
- A bank offers interest at the rate of 10% per annum, compounded half yearly. Find the interest received at the end of the year on a sum of Rs. 30000.
- A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs....
- Rs. 7550 is invested in scheme ‘A’ for a year at simple interest of 30% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
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)