Question
On a certain sum, the simple interest at 10% per annum for 2 years is Rs 2000. What is the compound interest on the same sum at the same rate for 2 years (compounded annually)?
More Simple and compound interest Questions
- A sum of ₹10,000 is invested at 6% compound interest per annum for 2 years, compounded annually. What will be the total amount after 2 years?
- A sum of Rs. 9000 amounts to Rs. 10890 at 10% p.a., interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same sum...
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
- A man invested Rs. 25,000 at simple interest of 12% p.a. If he had instead invested the same sum on compound interest of 12% p.a., compounded annually, the...
- The compound interest (compounded annually) on Rs 8200 for 2 years at R% p.a is Rs 1722. Had the rate of interest been (R+10)% p.a what would have been the...
- At a certain rate of simple interest, a sum becomes five times of itself in 32 years. What is the value of (5R - 18)?
- A shopkeeper mixes two types of sugar priced at Rs 60 per kg and Rs 40 per kg in the ratio 3 : 2. He sells the mixture at Rs 65 per kg. Find his profit per...
- The interest obtained by investing Rs. (3p + 100) at a simple interest rate of 10% p.a. for 5 years is Rs. (2p + 250). Find the ratio (p - 75) : (p + 125).
- A sum of money lent at compound interest at the rate of 20% per annum is paid back in three equal annual installments of Rs.864. Find the sum of money?
- The simple interest on a sum of money is 8/25 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
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)