Question
Anjali invested Rs.9000 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.3960 then find the value of ‘x’.
More Simple and compound interest Questions
- 'A' borrows Rs. 600 at the rate of 15% p.a. simple interest, and 'B' borrows Rs. 800 at the rate of 10% p.a. simple interest. In how many years will their ...
- What is the difference between the simple interest earned on an investment of Rs. 16,200 for 5.5 years at an annual interest rate of 8%, and the total amou...
- A sum doubles in eight years at simple interest. In how many years will the sum become five times the original sum?
- The difference between earned interest on the same amount invested for 2 years on compound interest and simple interest is Rs. 75. If interest rates are 5%...
- A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:
- What will be the amount if a sum of Rs. 5000 is placed at compound interest for 3 years while the rate of interest for the first, second and third years is...
- Ajay invested a sum of money, represented as Rs. 'x', in a financial plan that yields a 10% annual compound interest. After three years, the total interest...
- If the simple interest for 5 years is equal to 20% of the principal, then the interest will be equal to the principal after ________ years.
- A man invested Rs. 35,000 in two schemes. One scheme offers simple interest of 6% p.a., while the other scheme offers simple interest of 10% p.a. If the to...
- A sum when invested at simple interest of 10% p.a. amounts to Rs. 26,000 after 3 years. If the same sum was invested at simple interest of 8% p.a. for 5 ye...
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)