Question
At what rate percent per annum will a sum of Rs 4,000 earn Rs 960 as simple interest in 3 years?
More Simple and compound interest Questions
- A man invested Rs. 20,000 at simple interest of 'x%' p.a. and received Rs. 40,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%' p...
- A invests a sum at 8% simple interest. After 5 years the amount becomes 1.4 times the principal. Find the rate of interest used.
- Amit took a loan of Rs. 36000 at 10% per annum simple interest for 3 years. He invested the full amount in a scheme offering 13% p.a. simple interest for 3...
- A man invested Rs. ‘x’ in Plan A and Rs. ‘x/2’ in Plan B. Plan A offers 4% p.a. and Plan B offers 7% p.a. simple interest. If after 3 years, the total inte...
- Aman invested Rs. x at a simple interest rate of 15% per annum. If after 6 years, the total interest earned was Rs. ‘2x – 1800’, then find the value of x.
- Rina lent Rs. 18,000 to her brother at a compound interest rate of 'y%' per annum, compounded annually. After one year, her brother paid her Rs. 19,440 to ...
- A sum of Rs 6000 is invested partly at 8% p.a. and partly at 12% p.a., both at simple interest. The total interest after 2 years is Rs 1040. How much was i...
- A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount for the s...
- A man invested Rs P at 5% p.a. compound interest for 2 years and received an amount of Rs 4,410. If he had invested Rs (P + 1,000) at 10% p.a. compound int...
- What is the interest earned when Rs. 6250 is invested for 18 months in a scheme which offers compound interest (compounded every 9 months) of 16% p.a.
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)