Question
If the difference between the simple interest and compound interest, compounded annually, received on a principal amount of Rs. 25000 at an interest rate of (a + 2)% for 2 years is Rs. 160, calculate the time required for an investment at a simple interest rate of (a + 4)% per annum to double.
More Simple and compound interest Questions
- On a certain sum of money, simple interest at 8% per annum for 3 years is Rs 4,800. Find the principal,
- A certain sum of money becomes 8000 in 6 years and Rs. 9240 in 10 years at any certain rate of simple interest. Find the principal amount.
- A sum of money amounts to Rs 8,400 in 4 years and Rs 9,600 in 6 years at the same simple interest rate. Find the principal.
- A man deposited Rs. 22000 at 10% compound interest, compounded annually while Rs. 21500 at 12% simple interest per annum. What will be the difference betwe...
- A certain sum gives the interest equals to 3/5th of the sum when invested for 5 years at simple interest. Find the rate of simple interest.
- Find the total amount received on investing Rs. 12,000 for 2 years at compound interest of 10% p.a., compounded annually.
- Mr. P invested Rs. ‘8x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- In how much time will a sum of Rs. 5250 amounts to Rs. 9870 at the rate of 11 percent per annum at simple interest?
- 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 intere...
- A sum of money amounts to ₹13,200 after 3 years at a certain simple interest rate. If the principal was ₹10,000, what was the rate of interest per annum?
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)