Question
Rs. 6,500 becomes Rs. 8,190 in 3 years at simple interest. Determine the rate of interest per annum.
More Simple and compound interest Questions
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
- 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...
- The compound interest on a certain principal for 2 years at 7% per annum compounded annually is Rs. 289.80. What will be the simple interest for the same d...
- 'M' placed a specific amount of money into the 'SBI' Mutual Fund, which provides a 15% per annum simple interest rate. Simultaneously, 'M' invested the sam...
- Sameer invested Rs. (R + 1000) at simple interest of 20% p.a. for 3 years. Ajeet invested Rs. (R - 4000) at compound interest of 20% p.a. for 3 years. If t...
- Person 'P' invested ₹4y at a simple interest rate of 35% per annum and ₹3y at a compound interest rate of 20% per annum (compounded annually), both for a d...
- 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'?
- A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned after ...
- The ratio between the interest obtained from scheme L and M in 6 and 4 years is 4:3 respectively. In scheme L, Rs. 6000 was deposited on simple interest at...
- Rs. 2000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inter...
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)