Question
An amount was invested at simple interest for 2 years. If the rate had been 8% higher, the interest would have increased by Rs. 320. What is the principal amount?
More Simple and compound interest Questions
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is invested a...
- Rahul borrowed Rs. 25,000 from City bank at a simple interest of 10% p.a. If he has to repay Rs. 28,750 after ‘p’ months to clear all his debts, find the v...
- A took a loan of Rs.4450 at simple interest of 10% p.a. and invested the same money in a scheme at simple interest of 20% p.a. Find the profit earned by A ...
- Nisha deposited Rs. ‘P’ in a bank offering compound interest of 11% p.a. compounded annually. After 2 years, she invested the amount received from the bank...
- A sum of money doubles itself in 8 years at simple interest. In how many years will it become four times itself at the same rate of interest?
- A man deposited Rs. 7000 at 10% compound interest, compounded annually while Rs. 6500 at 13% simple interest per annum. What will be the difference between...
- The difference between compound interest and simple interest on a sum of Rs 8,000 for 2 years at the same rate is Rs 20. Find the rate of interest per annu...
- A man invested amount X in scheme A at 8 % per annum simple interest for 2 years which gives him the interest of Rs 1840. Find the compound interest if he ...
- P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same...
- Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(can c...
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)