Question
A person lends ₹16,000 to a client at a simple interest rate of 8% per annum. After 30 months, the client repays ₹9,200 and requests an extension for the remaining amount. What will be the total amount repaid by the client after the next 18 months?
More Simple and compound interest Questions
- The difference between earned interest on the same amount invested for 2 years on compound interest and simple interest is Rs. 75. If interest rates are 5%...
- Asmita invested Rs. 3200 for 2 years at an annual simple interest rate of r%, while Shreya invested the same sum as Asmita for 2 years at an annual compoun...
- A person invested Rs. 30,000 in two schemes. One scheme gives a simple interest of 7% p.a., while the other scheme gives 11% p.a. If the total interest ear...
- Sunil borrowed a certain sum of money from Kanchan under the following repayment scheme based on simple interest. 10% p.a. for the initial 2 years, 8% p.a....
- A person lent Rs. 15000 at SI for 2 years at rate 20%. The interest he got again lent at CI for 2 years at rate 10%. Find the amount he got after 2 years.
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
- A certain sum when invested at compound interest of 5% p.a. amounts to Rs. 4410.25 in 2 years. Find the amount received when the same sum is invested at 15...
- Sunil invested Rs. ‘5x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- What sum of money must be given at simple interest for 3 months at 5% per annum in order to earn Rs. 220 interest?
- A man invested Rs. 't' in scheme 'I' offering simple interest at 11% for 7 years and Rs. 2,700 in scheme 'J' offering simple interest at 13% for 6 years. I...
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)