Question
A sum of money grows to Rs. 1560 when invested at a simple interest rate of 15% per annum for 2 years. What will be the total amount received if the same sum is invested at a compound interest rate of 20% per annum, compounded annually, for the same 2-year period?
More Simple and compound interest Questions
- A certain amount of money, when invested at a simple interest rate of 'r%' per annum, grows to 6 times its original value in 24 years. Determine the value ...
- Mr. X invested Rs. 600 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 16% per annum and ...
- A certain sum when invested for 3 years in a scheme offering simple interest of 12% p.a. gives an interest of Rs. 802.8. What is 170% of the sum invested?
- The difference between C.I and S.I on a certain sum for 3 years is Rs. 122 at 5% p.a. Then find the sum?
- A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in schem...
- Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- The simple interest on a sum of money is 7/20 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ann...
- The interest received on investing Rs. (5p + 150) on simple interest at 15% p.a. for 2 years is Rs. (2p + 240). Find the ratio (p - 90):(p + 60)
- P invested a certain sum in SIP 'A', which earns compound interest at a rate of 25% per annum for a period of 3 years, resulting in an interest amount of R...
- A certain sum of money becomes 3000 in 6 years and Rs. 4000 in 10 years at any certain rate of simple interest. Find the principal amount.
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)