The simple interest on a sum of Rs. (6400 + x) invested for 3 years is Rs. 4,800. If the interest rate is 12.5% per annum, find the value of x.
Ankit deposits a sum of money at an annual compound interest rate of 12%. Over a period of 3 years, the interest accumulated amounts to Rs. 864. If he i...
A sum of Rs. 3600 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
- Nikhil invested a total of ₹7000 in two different schemes offering simple interest. Scheme A offers an interest rate of 10% per annum, while Scheme B off...
A and B started a business with initial investments of Rs. 28000 and Rs. 30000 respectively. After one year, a profit of Rs. 5800 is earned. A being a w...
A sum of money grows to Rs. 3,640 in 6 years and Rs. 4,120 in 8 years under simple interest. What is the original principal amount?
Suresh earned an interest of Rs. 774 on principal amount of Rs. 2400 at some rate of compound interest in 2 years. How much more/less interest would he ...
- An investor put Rs. x into Fund X and Rs. x/2 into Fund Y. Fund X offers 4% p.a. and Fund Y offers 10% p.a. simple interest. If after 3 years the total int...
Rina lent Rs. 18,000 to her brother at a compound interest rate of 'y%' per annum, compounded annually. After one year, her brother paid her Rs. 19,440 ...
Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 y...
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