Question
Find the total amount received on investing Rs. 12,000 for 2 years at compound interest of 10% p.a., compounded annually.
More Simple and compound interest Questions
- Rahul secures a loan amounting to Rs. 8,800 from a bank, which charges an annual simple interest rate of 20%. He then allocates this sum into an investment...
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 2040 as i...
- A sum of money grows to Rs. 1560 when invested at a simple interest rate of 15% per annum for 2 years. What will be the total amount received if the same s...
- Atul invested in scheme A and B that provide simple interest at the rate of 12% and 15% for 3 years and 5 years, respectively. Interest received from schem...
- A and B started a business with initial investments of Rs. 28000 and Rs. 35000 respectively. After one year, a profit of Rs. 10000 is earned. A being a wor...
- A sum of ₹6,450 is invested for 3.5 years at a certain annual rate of simple interest, yielding a total interest of ₹2,709. If ₹3,500 is then invested for ...
- A man invested Rs.45000 in a fixed deposit scheme for 3 yrs at CI of 12% p.a. How much will a man get on maturity of the fixed deposit?
- The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be
- Shankar borrowed Rs. 7,200 at simple interest and repaid an amount of Rs. 9,504 after 7 years. If the interest rate p.a charged for first 4 years was 5% p....
- 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...
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)