Question
Anju deposited two parts of a sum of Rs. 30,000 in
different banks at the rate of 15% per annum and 12% per annum respectively. In one year she got Rs. 4140 as the total interest. What was the amount deposited at the rate of 12% per annum?Solution
The compound interest on a certain sum, compounded half-yearly at an annual rate of 20% for one year, is Rs. 540 less than the simple interest on the sa...
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A principal amount is invested at an annual compound interest rate of y%. After 2 years, the investment grows to Rs. 7200, and after 4 years, it reaches...
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Krishna lends ₹48000 to Neelam for a year at 25% interest per annum, compounded half yearly. Find the interest that must be paid by Neelam.
Sara deposited Rs. 18,000 into an investment that offers a compound interest rate of 20% per annum, with semi-annual compounding. Calculate the interest...
Find the difference between CI and SI on ₹5000 at 10% p.a. for 2 years (annual compounding).
