Quick revision: Simple & Compound InterestRules, shortcuts, how it is asked, worked examples and traps›
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22 Nov 2025 · Shift 1
Bankersadda/Adda247
Q-SICI-27Q.47
A man invested Rs P in simple interest at 10% p.a. for two years and received interest of Rs 525. If he invested Rs 500 more in compound interest at the same rate for the same period, then find the compound interest he received (in Rs).
(a) 656.25
(b) 666.26
(c) 655.25
(d) 635.25
(e) 645.25
22 Nov 2025 · Shift 2
Bankersadda/Adda247
Q-SICI-28Q.58
A man invests Rs. X in a scheme, which offers simple interest at the rate of 24% p.a. for three years. Man received Rs.3600 as total interest from the scheme. If man invests Rs. X in a bank which offers compound interest at rate of 10% p.a. for two years, then find the total amount received by man from the bank after two years.