Login / Signup

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. 2,500 and Rs. 2,875. Find the rate of interest per annum.

A 25%

B 18%

C 15%

D 20%

Practice Next

More Simple and compound interest Questions

A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
A sum of money is invested at a simple interest rate of 'R%' per annum. Over 2 years, it grows to ₹7,440, and over 5 years, it increases to ₹9,600. Determi...
Some amount out of Rs. 15000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 4 years the total interest from both the amount ...
Rs. (y-1500) was invested in scheme J on (R-1)% per annum on compound interest. Rs. ‘y’ was invested in scheme K on (R+1)% per annum on simple interest. Af...
An amount becomes six times of itself in 50 years at simple interest. Find the value of (2R + 30).
Neha deposits Rs. 9,000 at a simple interest rate of 7% per annum for 5 years. What amount will she get at the end of the term?
The simple interest on a sum for 2 years at 10% per annum is Rs 4,000. Find the difference between the compound interest and the simple interest on the sam...
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.
Amit invested Rs. 7,500 on simple interest at 20% p.a. for 2 years and Rs. 6,000 on simple interest at 18% p.a. for 3 years. What is the total interest he ...
Rs. (n + 200) invested on simple interest amounts to Rs. 2,400 and Rs. 2,880 in 4 years and 6 years, respectively. Find the value of 'n'.

Hey! Ask a query

ask-question

🎓

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)

Download Now 100% Free PDF