Question
A man invested Rs. 12000 in bank A at 10% p.a. compound interest for three years. The interest received from the bank A is Rs. 1472 more than the interest on some other amount invested in bank B at 8% simple interest for 5 years. What is the amount invested in bank B?
More Simple and compound interest Questions
- A sum of Rs. 6000 amounts to Rs. 7260 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same sum ...
- A invests Rs 6000 in a business for the whole year. B joins him later with an investment of Rs 8000. At the end of the year, the profit is divided between ...
- Rohit invested Rs. 18,000 at simple interest of 6% p.a. If he kept withdrawing Rs. 3,000 after every one year, then find the total interest earned by Rohit...
- A total of Rs. 14,500 is divided between two individuals, 'A' and 'B', in the proportion 16:13. If 'B' decides to invest his share in a financial scheme th...
- Rohan deposited Rs. ‘Y’ in a bank offering compound interest of 10% p.a. compounded annually. After 3 years, he invested the amount received from the bank ...
- A person deposits Rs 12,000 in a savings scheme for 5 years. The scheme offers simple interest at 7% per annum for the first year, 9% per annum for the nex...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 2560 and Rs. 2...
- 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?
- The value of an investment at simple interest grows to Rs. 11,200 in 2 years and Rs. 15,200 in 6 years. What was the principal amount?
- A sum, when invested at 12(½)% simple interest per annum, amounts to ₹8,250 after 2 years. What is the simple interest?
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)