Question
The simple interest on a sum for 2 years at r% per annum is Rs 500 and the compound interest (compounded annually) on the same sum for 2 years at the same rate is Rs 525. Find r.
More Simple and compound interest Questions
- A sum of money will amount to Rs. 500 in 2 year & in 3 year it is to be 700 in compound interest . Find the rate of interest?
- Aman invested a total of Rs. 85,000 in two schemes—one offering 12% annual compound interest and the other offering 14% annual simple interest. If the tota...
- A sum when invested at simple interest of 12% p.a. becomes Rs. 2,080 in 5 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- If ₹5,000 is invested at an annual interest rate of 8% compounded quarterly, at what time will it grow to ₹5,202?
- Suman paid ₹9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
- 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...
- Rs. x is invested at simple interest at 8% per annum for 3 years. If instead Rs. (x + 500) is invested at the same rate for the same period, the total inte...
- Nisha deposits Rs. 'z' and Rs. (z + 1000) in two accounts for 1 year each. The first earns 11% and the second 9% simple interest. If the total interest fro...
- What would be the annual interest accrued on a deposit of Rs.24,550 in a bank that pays a 22% per annum rate of simple interest?
- At simple interest, a sum of Rs 6,000 becomes Rs 7,080 at 8% per annum. For how many years was the money invested?
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)