arrow
arrow
arrow
A man invested Rs. 4000 at rate of R% p.a. for three years on simple interest and he received Rs. 1800 as interest. If the man invested Rs. 5000 at ra
Question


A man invested Rs. 4000 at rate of R% p.a. for three years on simple interest and he received Rs. 1800 as interest. If the man invested Rs. 5000 at rate of (R-5) % p.a. on compound interest for two years, then find the interest received by the man.

A.

750 Rs.

B.

2200 Rs.

C.

1612.5 Rs.

D.

1050 Rs.

E.

512.5 Rs.

Correct option is D


ATQ,

Equivalent rate of interest at 10% p.a. for two years when compounded annually =

Required interest = 5000 ×21/100=1050 Rs.

Free Tests

Free
Must Attempt
Video Solutions

RBI Assistant Pre 2026 Full Mock Test -01

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt
Video Solutions

RBI Asst Prelims 2026 : Reasoning Section Test 01

languageIcon English
  • pdpQsnIcon35 Questions
  • pdpsheetsIcon35 Marks
  • timerIcon20 Mins
languageIcon English
Free
Must Attempt
Video Solutions

RBI Office Attendant 2026 Full Mock Test - 01

languageIcon English
  • pdpQsnIcon120 Questions
  • pdpsheetsIcon120 Marks
  • timerIcon90 Mins
languageIcon English

Similar Questions

test-prime-package

Access ‘SBI Clerk Pre’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
353k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow