Banking Exams Exam  >  Banking Exams Questions  >   A sum of ₹25000 is invested in compound inte... Start Learning for Free
A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?
  • a)
    ₹2730
  • b)
    ₹3150
  • c)
    ₹3500
  • d)
    ₹4590
  • e)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A sum of ₹25000 is invested in compound interest for 2 years compound...
For Compound interest
Principal Amount = ₹25000
Time = 2 years
Rate = 10%
Compound interest = 25000(1 + 10/100)2 - 25000
= 25000(121/100) - 25000
= 30250 - 25000
= ₹5250
For Simple interest
Principal amount = ₹5250
Time = 5 years
Rate = 12%
Simple Interest = 5250 × 5 × 12/100
= ₹3150
Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
Question Description
A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
Solutions for A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A sum of ₹25000 is invested in compound interest for 2 years compounded annually at a rate of 10% per annum. The interest obtained from compound interest after 2 years is invested in simple interest for 5 years at a rate of 12% per annum. What is the interest received from the simple interest?a)₹2730b)₹3150c)₹3500d)₹4590e)None of the aboveCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev