Question

A sum when invested at simple interest of 5% p.a. amounts to Rs. 18,000 after 4 years. If the same sum was invested at simple interest of 12% p.a. for 3 years, then what would be the interest earned?

A Rs. 4,500
B Rs. 5,400
C Rs. 6,000
D Rs. 4,800
E Rs. 5,000
Practice Next

More Simple and compound interest Questions

Hey! Ask a query

🎓
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)