Question
'M' invested ₹19,200 at an annual compound interest rate of 10%, compounded yearly. After 'a' years, the total amount he received was ₹23,232. If 'Q' invested ₹48,000 at an annual compound interest rate of 15%, also compounded yearly for the same duration ('a' years), what would be the total amount received by 'Q'?
More Simple and compound interest Questions
- A certain sum was invested at simple interest. After 5 years, it became (117/ ninety) times the amount it had reached in 3 years. Find the annual rate of i...
- The difference between the compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs 200. What is the principal?
- What sum of money at 120% compound interest per annum amounts to Rs.376.32 in 2 years?
- Sneha deposited Rs. ‘R’ in a bank offering compound interest of 13% p.a. compounded annually. After 3 years, she invested the amount received from the bank...
- Rahul secures a loan amounting to Rs. 8,800 from a bank, which charges an annual simple interest rate of 20%. He then allocates this sum into an investment...
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 8 years and that for 10 years?
- Shivam invested 20000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.23200. What is the value of...
- Karan invested Rs. 30,000 at simple interest of 8% p.a. If he kept withdrawing Rs. 6,000 after every one year, then find the total interest earned by Karan...
- What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
- A certain amount grows to Rs. 9,240 in 6 years at a simple interest rate of r% per annum. If the rate had been (r + 2)% p.a., the amount would have become ...
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)