Question
An amount of Rs. 7200 is invested at 30% p.a. simple interest for 5 years. The interest gained is then deposited at 10% p.a. compound interest for 2 years. Calculate the interest earned on the deposited amount.
More Simple and compound interest Questions
- Scheme A provides an interest rate of R% compounded annually, while Scheme B offers simple interest at the same rate. Anoop has invested Rs. 1200 in both s...
- A man took a loan at a rate of 18% per annum simple interest. After 42 months, he paid Rs. 9,240 to clear his dues. Find the initial loan amount.
- An amount of Rs. 2400 is invested at an annual compound interest rate of 20%, while another amount of Rs. 1600 is invested simultaneously at an annual simp...
- Neha invested Rs. (x + 400) in Scheme A at a simple interest rate of 10% p.a. for 3 years, and she received Rs. 900 as interest. She then invested Rs. 2x i...
- Amit placed an amount 'p' in Fund 'X' that offers a 10% compound interest per annum and also invested Rs. (p + 1000) in Fund 'Y' that offers a 15% simple i...
- The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 3000. What will be the total amount received after 2 years o...
- The interest obtained by investing Rs. (3p + 100) at a simple interest rate of 10% p.a. for 5 years is Rs. (2p + 250). Find the ratio (p - 75) : (p + 125).
- Suresh earned an interest of Rs. 1548 on principal amount of Rs. 4800 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- On a certain sum, the simple interest at 20% per annum for 3 years is Rs 8640. What is the difference between the compound interest and simple interest on ...
- Ravi invested Rs. 2500 at (R + 4)% p.a. simple interest and earned an interest of Rs. 1500 at the end of 3 years. Find the interest earned if the same amou...
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)