Question
A sum of money amounts to Rs 5,400 in 3 years and Rs 5,600 in 4 years at simple interest. What is the principal (sum invested)?
More Simple and compound interest Questions
- Rahul invested Rs. 2450 at a 40% per annum simple interest rate for 'y' years, and this investment yielded a total amount of Rs. 4410. Find the interest ea...
- At simple interest, a sum becomes double of itself in 8 years. In how many years will it become 2.75 times of itself at the same rate?
- Rahul borrowed Rs. 90000 at 11.25% p.a. simple interest for 3 years and put it in an investment yielding 14.25% p.a. simple interest for the same time. How...
- Amit invested ₹8000 into a SIP that earns simple interest at 12% annually for 3 years. Pawan deposited an unknown amount in a SIP with a simple interest ra...
- Rahul puts Rs. x in a scheme at 25% p.a. simple interest. After 3 years, he receives Rs. ‘1.6x – 600’ as interest. What is the value of x?
- Find the compound Interest on Rs. 8,000 @15 % p.a for 2 years 4 month Compounded annually?
- A certain sum when invested at simple interest of 15% p.a. amounts to Rs. 28,000 after 5 years. If the interest earned on the same sum at 20% p.a. for 2 ye...
- Anjali invested Rs.6000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the ...
- 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 ...
- An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (compo...
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)