Question
A certain amount was deposited at compound interest of x% per annum, compounded annually. It grows to Rs. 6400 in 2 years and Rs. 9216 in 3 years. Determine the value of ‘x’.
More Simple and compound interest Questions
- Rs. 2,800 increases to Rs. 3,640 in 4 years at a simple interest rate of r% per annum. If Rs. 7,000 is put at 2r% per annum for 1 year, how much interest w...
- A sum of Rs. 9,600 grows to Rs. 12,696 when invested at an annual compound interest rate of 'R%' for 2 years. What is the value of 'R'?
- An amount of Rs. 12,000 invested at simple interest for 4 years becomes Rs. 17,280. Calculate the annual rate of interest.
- Akshay invested Rs. 2240 in two schemes P and Q in the respective ratio of 9:7. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
- Rs. 6,500 becomes Rs. 8,190 in 3 years at simple interest. Determine the rate of interest per annum.
- A sum of money is divided into two parts and invested at simple interest for 3 years. One part is invested at 8% p.a. and the other part at 12% p.a. The to...
- A sum of Rs 15,000 is divided into two parts and lent at simple interest. One part is lent at 8% p.a. for 2 years, and the remaining part at 12% p.a. for 3...
- A man invested Rs P at 5% p.a. compound interest for 2 years and received an amount of Rs 4,410. If he had invested Rs (P + 1,000) at 10% p.a. compound int...
- Anjali invested Rs.8000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the ...
- F placed Rs. 10,000 in a compound interest scheme for 2 years at an annual rate of p%. If he received Rs. 3456 as compound interest, calculate the rate of ...
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)