Question
At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months if the interest is being compounded quarterly? Calculate the simple interest at the same rate of interest for 18 months.
More Simple and compound interest Questions
- A certain sum of money amounts to ₹3360 at a rate of R% per annum under simple interest after 5 years, and to ₹3480 at a rate of 15% per annum under simple...
- A man invested a certain amount of sum at 20% per annum simple interest and earned an interest of Rs 3500 after 4 years. If the same amount is invested at ...
- The interest earned on investing Rs. 4000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- ‘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...
- Karan invested Rs. 45,000 in scheme 'X' and Rs. 30,000 in scheme 'Y' on simple interest. Scheme 'X' offers 10% p.a. for 3 years and scheme 'Y' offers 8% p....
- A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total int...
- The simple interest on a certain sum of money for 4 years at 16% per annum is 2/5th of the compound interest on Rs. 6000 for 2 years at 20% per annum. The ...
- 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...
- Arman Funded an amount at the rate of 6 % for a period of 2 years at C.I. while calculating, the rate of interest was interchanged with the time period and...
- At simple interest, a sum of money amounts to Rs 8,400 in 2 years and Rs 8,800 in 4 years. Find the rate of interest per annum.
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)