Question
At simple interest, a sum of Rs 8,000 amounts to Rs 9,600 in 3 years. Find the rate of interest per annum.
More Simple and compound interest Questions
- Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
- Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme A. Both the schemes offer...
- 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 certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 756. What is 130% of the sum invested?
- The difference between compound interest and simple interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is:
- "R" put Rs.(r + 5000) into a SIP that offered 12% annual simple interest for four years. He also made a three-year investment of Rs. (r - 5000) in the same...
- Rs. 90Y when invested for 5 years at simple interest of 12% p.a., yields an interest of Rs. 2700. If Rs. 110Y is invested for 3 years at compound interest ...
- Shivam invested 22000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.27500. What is the value of...
- Mr. Ghanshyam deposited certain amount in the Bank at the end of each year. How much amount did he deposit at the end of each year at the rate of 15% simpl...
- Sunil invested Rs. ‘5x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
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)