Question
Anjali invested Rs.6000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the scheme is Rs.2640 then find the value of ‘x’.
More Simple and compound interest Questions
- A sum of ₹8,000 is invested at 10% per annum simple interest for 2 years . What is the simple interest earned?
- 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?
- Aman invested 20% of an amount, denoted as Rs. 'P', in a compound interest scheme with an annual interest rate of 10%, compounded annually. After 2 years, ...
- Ravi invested ₹P in a compound interest scheme at an annual interest rate of r% for 1 year. Meanwhile, Kriti invested ₹2P in a simple interest scheme at an...
- Rs.5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. Ho...
- A certain sum was invested at simple interest. After 5 years, it became (117/ ninety) times the amount it had reached in 3 years. Find the annual rate of i...
- Find the simple interest on Rs 5,000 at 6% per annum for 3 years.
- Simplify and express as a fraction: 1.2 ÷ 0.3 + 0.75
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- A builder borrows Rs.195100 to be paid back with CI at the rate of 4% per annum in three equal yearly installments. How much will each installment will?
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)