Question
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as interest on Rs. 20,000 in the same number of years, what should be the rate of simple interest?
More Simple and compound interest Questions
- Priya invested Rs. 5,500 in scheme ‘C’ offering simple interest of 12% p.a. After 5 years, she reinvested the interest earned in scheme ‘D’ offering compou...
- Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests received ...
- Neha borrowed some money from Priya at 6% p.a. simple interest for 6 years. After 6 years, she returned the amount to Priya and again borrowed 3/5th of the...
- A sum amounts to Rs 3900 in 2 years at 15% per annum simple interest. Find the principal.
- A certain sum of money is amount to Rs. 62500 in 3 years at 25% per annum compounded annually, what is the sum of money?
- Sudeep invested 1/8 of a certain sum at 5% p.a. for two years and 3/5 of the sum at 6% p.a. for two years and the remaining at 10% p.a. for two years. If t...
- Compound interest received after 2 years on ₹7000 at R% rate of interest compounded annually is ₹1164.8. Find the value of R.
- Asha borrowed Rs. 4000 at R% S.I. and Rs. 6000 at (R + 2)% S.I. for 3 years. If the total interest was Rs. 1860, find the rate on Rs. 6000.
- The simple interest on a sum for 2 years at 10% per annum is Rs 4,000. Find the difference between the compound interest and the simple interest on the sam...
- Rohit invested a certain amount at the rate of 6 p.c.p.a. and obtained a simple interest of Rs 8,730 at the end of 3 years. What amount of compound interes...
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)