Question
A sum of ₹20,000 is invested at 10% per annum compound interest , compounded annually, for 2 years . What is the compound interest earned?
More Simple and compound interest Questions
- Simple interest received at the rate of 15% p.a. for 2 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 y...
- A certain sum of money invested at a rate of 48% p.a. amounts to Rs. 20736 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs. 2700 after 3 years. If the same amount is invested ...
- The simple interest on a sum of money is 9/35 of the sum. If the number of years is numerically 5/7 times of rate percent per annum, then the rate percent ...
- If the difference between C.I. and S.I. is Rs. 512 at 20% rate of interest in 3 years, then find the principal on C.I.?
- Suppose a specific amount is invested in a Life insurance policy at a simple interest rate of 15% per annum for 2 years, the interest earned amounts to Rs....
- At what rate percent compounded yearly will Rs. 5000 amount to Rs 5408 in 2 yrs?
- A man deposited Rs. ‘x + 800’ at 12% per annum simple interest and earned Rs. 540 as interest after 2 years. Find the interest earned by him if he deposite...
- The difference between compound interest and simple interest on a sum of Rs. 20,000 for 2 years at the same rate is Rs. 200. What is the annual rate of int...
- What will be the net CI on Rs. 2000 for 4 years at 40% p.a compounded annually?
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)