Simple and compound interest
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- In the exam pattern: Computer Based Test (CBT), Arithmetic: 35 questions, 35 marks (RRB notice, 15 Apr 2024).
- Next exam day: CBT exam (expected): 25 May 2027 (Expected — an estimate, not announced).
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Practice this topic
Take a full mock →Q1 · Simple and compound interest · EASY
What is the simple interest on Rs 5,000 for 2 years at a rate of 10% per annum?
Q2 · Simple and compound interest · EASY
Find the compound interest on Rs 8,000 for 2 years at 5% per annum compounded annually.
Q3 · Simple and compound interest · MEDIUM
A sum of money amounts to Rs 10,500 after 1 year and to Rs 11,000 after 2 years at simple interest. What is the rate of interest per annum?
Q4 · Simple and compound interest · EASY
What is the difference between the compound interest and the simple interest on Rs 10,000 for 2 years at 10% per annum?
Q5 · Simple and compound interest · EASY
At what rate per cent per annum simple interest will a sum of money double itself in 8 years?