Question
Vishal invests a sum of money at an annual compound interest rate of 6%. Over a period of 5 years, the interest accumulated amounts to Rs. 900. If he increases his initial investment by Rs. 500, what will be the total amount after 5 years at the same interest rate?
More Simple and compound interest Questions
- 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...
- A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹480 more. Find the sum
- Suresh earned an interest of Rs. 516 on principal amount of Rs. 1600 at some rate of compound interest in 2 years. How much more/less interest would he hav...
- Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
- A certain sum when invested at simple interest of 15% p.a. amounts to Rs. 28,000 after 5 years. If the same sum is invested at 12.5% p.a. simple interest f...
- A sum of Rs. 3700 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
- A person lent a sum at simple interest for 6 years. If the rate had been 5% more, he would have earned Rs. 750 extra. What was the principal?
- What is the difference between the compound interest and simple interest on Rs 5000 at 10% per annum for 2 years?
- The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
- A certain sum placed at simple interest grows to Rs. 9,450 in 2 years and Rs. 13,050 in 6 years. Find the invested amount.
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)