Question
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?
More Simple and compound interest Questions
- The difference between compound and simple interest on a sum of money for 2 years at 4% per annum is Rs. 626. The sum is:
- 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 i...
- If a certain sum becomes 5 times of itself in 2 years when invested at certain rate (per annum) of simple interest, then find the rate of interest.
- Ashakti invested the same amount of money in two distinct Systematic Investment Plans (SIPs), SIP 'X' and SIP 'Y,' both for a duration of 2 years. SIP 'X' ...
- ‘P’ invested Rs. 5000 for (y + 3) months, while ‘Q’ invested Rs. 1500 more than ‘P’ for (y - 1) months, in a business. If profit received by ‘Q’ out of tot...
- Rs. 2,800 is invested in three parts all at simple interest of 5% p.a. These three parts are invested randomly for 1 year, 2 years and 4 years such that th...
- Amit lent Rs. 25,000 to Rohit at compound interest of 10% p.a. (compounded annually) for 2 years. Rohit however paid him back at simple interest instead of...
- A certain sum at CI amounts to Rs 300 in 3 yr and to Rs 450 in 6 yr. Then the sum is ?
- 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
- Rajesh invests a certain amount at an annual simple interest rate of 8% for 3 years. The total amount he receives after this period is then reinvested at a...
Relevant for Exams:
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)