Question
A sum of ₹ 2,400 compounded annually at a certain rate of compound interest in 2 years amounts to ₹ 2,904. What will be the simple interest (in ₹) on the amount at the same time and at the same interest rate?
More Compound Interest Questions
- Find the compound interest on Rs. 4000 at 10% per annum for 2 years, compounded annually.
- For 2 years at 12.5% p.a. (compounded yearly), CI exceeds SI by Rs. 312.5. Find the sum.
- A sum of money amounts to Rs. 12100 in 2 years and Rs. 13310 in 3 years at compound interest, compounded annually. What is the principal?
- The compound interest on a certain sum in 2.5 years at 10% p.a., interest compounded yearly, is 1,623. The sum is:
- Michael has read 3/4 of a book, while Anna has read only 2/3 of the book she is reading. Both, however, have another 90 pages of their respective books rem...
- The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than th...
- The compound interest on a sum of ₹ 5,500 at 15% p.a. for 2 years, when the interest is compounded 8 monthly, is:
- Raj and Simran each invested a sum of ₹10,000 for three years at 25% compound interest per annum. However, while for Raj the interest was compounded annual...
- The difference between simple and compound interest on a sum of Rs.1000 at the end of two years is Rs10. Find the total CI on a sum after 3 years is?
- A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And invest...
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)