Question
The difference between the simple interest on a certain sum of money at 8% per annum and at 10% per annum for 3 years is Rs 720. What is the sum?
More Simple and compound interest Questions
- A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded annually...
- ‘M’, ‘N’ and ‘O’, each of them invested Rs. 3500 at the rate of 12% p.a., 30% p.a. and 45% p.a., respectively for 7 years, 4 years and 5 years, respectivel...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 10% p.a., is Rs. 200, then find the sum invest...
- A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference betwe...
- A sum was put at simple interest. The amount after 4 years became (96/80) times the amount it had become in 2 years. What is the annual rate of interest?
- A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs....
- Shivam invested 21000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.25200. What is the value of...
- An amount of Rs. x is invested in SIP ‘A’ under compound interest at a rate of 16% per annum, compounded annually, for 2 years. Another amount, Rs. (2x−500...
- At what annual compound interest rate will a principal amount of Rs. 16,000 grow to Rs. 25,000 in 2 years?
- A person borrowed Rs. 9,300 at 11% p.a. and Rs. 6,700 at 13% p.a. simple interest. If the total interest paid after ‘n’ years is Rs. 5,486, find the value ...
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)