Question
The interest received by investing Rs. 4000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple interest of 25% p.a. Find the simple interest received.
More Simple and compound interest Questions
- Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) rd of a ye...
- The simple interest on a sum of money for 4 years at 9% per annum is Rs 2160. Find the principal.
- Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’...
- Ajay lent Rs. 80,000 to Rahul at compound interest of 5% p.a. (compounded annually) for 2 years. Rahul tricked Ajay by paying simple interest instead. Find...
- Simple interest on Rs. 900 at R% per annum after 6 years is Rs. 324. Find the simple interest on Rs. 1600 at (R + 6)% per annum after 2 years.
- Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p.a., while i...
- Rs. 7,000 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 6% p.a. What is the differ...
- A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
- Ankit invested Rs. 12,000 in a scheme that offers compound interest at an annual rate of x%, compounded once a year. After 2 years, he received an interest...
- At simple interest, a sum becomes double of itself in 8 years. In how many years will it become 2.75 times of itself at the same rate?
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)