Question
A sofa of MRP 450 is available in Rs.90 cash down payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.
More Simple and compound interest Questions
- Ravi lends Rs. 4800 to two of his friends. He gives Rs.2400 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The ...
- The amount received on a certain sum of money at the rate of interest of 18% per annum simple interest after 8 years is Rs. 12200. What was the principal (...
- The interest obtained by investing Rs. (3p + 100) at a simple interest rate of 10% p.a. for 5 years is Rs. (2p + 250). Find the ratio (p - 75) : (p + 125).
- Calculate the value of 'a' if 'P' initially had Rs. 'a' and invested 45% of this amount in a PF A with a simple interest rate of 35% per annum and the rest...
- A sum of money gets double in 5 years , in how many years it will be 8 times in CI?
- A sum of Rs. 6000 at a certain rate of interest in simple interest for six years is amounted to Rs. 11400. If the same sum of money at same rate of interes...
- A sum doubles in eight years at simple interest. In how many years will the sum become five times the original sum?
- A invested Rs. ‘x’ in a scheme offering compound interest of 35% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- The compound interest received on investing Rs. 10,000 for 2 years at 'y'% p.a., compounded annually is Rs. 3,689. The simple interest earned on investing ...
- The difference between the compound interest and simple interest accrued over 2 years is Rs. 4,500 when a principal amount is invested at an annual interes...
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)