Question
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 3 years. If the same amount is invested at 10% per annum compound interest, compounded annually for two years, then find the interest.
More Simple and compound interest Questions
- Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a. If the int...
- A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
- By investing Rs. 6,000 for 'a' years at an annual compound interest rate of 15%, the interest gained amounted to Rs. 1,935. Determine the simple interest e...
- A sum of ₹9,000 is invested at 8% per annum simple interest for 3 years . What is the simple interest earned?
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 3 years. If the same amount is invested a...
- A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 19965 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- An investment of Rs. 20,000 at simple interest amounts to Rs. 25,500 in 5 years. Find the annual rate of interest.
- Amit placed an amount 'p' in Fund 'X' that offers a 10% compound interest per annum and also invested Rs. (p + 1000) in Fund 'Y' that offers a 15% simple i...
- A certain sum is invested at a compound interest rate, compounded annually, which grows to Rs. 12,240 after 2 years and to Rs. 17,625.6 after 4 years. If 8...
- Suresh lent Rs. 20,000 to Mohit at compound interest of 25% p.a. (compounded annually) for 2 years. Mohit paid interest using simple interest instead. Find...
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)