The simple interest received on a certain sum is Rs. 4500 less than the sum invested. If the sum was invested at 5% p.a. for 15 years, then find the sim...
A sum of ₹12,000 is invested at an annual interest rate of 10% for 2 years. What is the difference between the compound interest and simple interest a...
An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 year...
A took loan from a bank at the rate of 12%p.a. simple interest. After 5 years he had to pay Rs.7200 interest only for the period. The principal amount b...
Rs. 15,000 invested at simple interest of 7% p.a. yields the same interest after 4 years as Rs. 25,000 when invested at simple interest of 'y%' p.a. yie...
A took loan from a bank at the rate of 15%p.a. simple interest. After 3 years he had to pay Rs.13500 interest only for the period. The principal amount ...
Rs. 14000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the i...
- Priya deposited Rs. 'p' and Rs. (p + 400) in two schemes, A and B, for 2 years each. Schemes A and B offer 10% and 12% simple interest respectively. If the...
Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 yea...
A man invested ₹40,000 in two schemes A and B offering simple interest at the rate of 8% per annum and 10% per annum respectively. If the total intere...
