Question
Ravi borrowed Rs. 25,000 from a finance company at a simple interest rate of 12% per annum. If he repaid Rs. 28,000 after ‘m’ months, find the value of ‘m’.
More Simple and compound interest Questions
- A person borrowed Rs. 9,300 at 11% p.a. and Rs. 6,700 at 13% p.a. simple interest. If the total interest paid after ‘n’ years is Rs. 5,486, find the value ...
- What will be the amount if a sum of Rs. 6500 is placed at compound interest for 3 years while the rate of interest for the first, second and third years is...
- Neha deposited Rs. 20,000 in scheme ‘A’ which offers simple interest of 9% p.a., for 5 years and Rs. 12,000 in scheme ‘B’ which offers simple interest of 1...
- A certain sum when invested for 3 years in a scheme offering simple interest of 20% p.a. gives an interest of Rs. 1470. What is 130% of the sum invested?
- A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
- The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 1500. What will be the total amount received after 2 years o...
- A sum of Rs 12,000 is divided into two parts. One part is lent at 10% p.a. simple interest for 2 years, and the remaining part is lent at 8% p.a. simple in...
- An amount of Rs. x is invested in simple interest at 5% per annum for 4 years. If another amount of Rs. (x + 250) is also invested at the same rate for the...
- Riya took a loan of Rs. 36,000 from a cooperative bank and decided to return it in two equal yearly instalments. If the interest rate is 30% per annum comp...
- A sum doubles in 20 years at simple interest. What is the rate of interest?
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)