Question
A sum of Rs.8 is lent to be returned in 9 months installments of Rs.1 each, interest simple. The rate of interest is: -
More Simple and compound interest Questions
- "Zampa invested Rs.__________ in an SBI Contra fund with a 20% annual compound interest, compounded annually. At the end of each year, the bank deducts a 1...
- A sum of Rs. 30,000 is invested in SIP 'C' which offers 12% p.a. simple interest for 3 years. The interest received from SIP 'C' is invested in SIP 'D' whi...
- On a certain sum, the difference between compound interest and simple interest for 2 years at 5% per annum is Rs 50. Find the sum.
- Mr. P invested Rs. ‘8x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- If the difference in interest between two banks on Rs 500 for 2 years is 12.50 then what will be the difference in their rates?
- A certain sum of money invested at a rate of 12% p.a. amounts to Rs. 11576.25 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...
- A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned after ...
- A and B started a business with initial investments of Rs. 26000 and Rs. 27000 respectively. After one year, a profit of Rs. 10600 is earned. A being a wor...
- A sum of money earns Rs.500 as Simple Interest (SI) in 2 years at r% per annum. If the Compound Interest (CI) compounded annually for 2 years is Rs.25 more...
- A certain sum of money amounts to Rs 1331 in 3 years at 10 percent compounded annually. Find the value of (CI-SI)?
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)