Question
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 is Rs. 5,000 and Rs. 5,750. Find the rate of interest per annum.
More Simple and compound interest Questions
- The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
- Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amount ...
- Rs. 8500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 13% p.a. If the int...
- Simple interest earned on an amount of Rs. 2000 at rate of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 1500 ...
- Rohit deposited Rs. ‘x’ in a bank at 8% compound interest per annum for 3 years, compounded annually. If he earned an interest of Rs. 2,597.12, find the va...
- The simple interest on a sum at 12% per annum for 3 years is Rs 432. What is the principal?
- Anchal allocates a portion of his salary for various purposes. He invests 10% of his salary in a Provident Fund (PF) and then spends 30% of what's left on ...
- The difference between compound interest and simple interest at rate of 26% per annum for 2 years is Rs. 507. Find the simple interest obtained on same amo...
- What will be the net CI on Rs. 8000 for 4 years at 20% p.a compounded annually?
- An amount becomes four times of itself in 30 years at simple interest. Find the value of (7R − 40).
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)