Question
Amit deposited Rs. 15,000 into an investment with a 12% annual compound interest rate for a duration of two years. Calculate the total interest earned by Amit.
More Compound Interest Questions
- Find the compound interest on Rs 10,000 at 8% per annum, compounded half-yearly, for 1.5 years.
- 'A' invests Rs.10,000 for 3 years at a certain rate of interest. At the end of the second year, it amounts to Rs.11,664. Calculate the rate of interest per...
- The compound interest on a certain sum for 2 years at 10% per annum is Rs. (x+420). The simple interest on the same sum at the same rate for the same time ...
- What is the compound interest in a sum of 7500 for 12/5 years at 20% p.a., interest compounded yearly (nearest to an integer)?
- A sum becomes 12100 in 2 years at 10% annual CI. Find the principal.
- A sum of Rs. 10,000 is invested at 10% per annum compound interest, compounded annually. What will be the compound interest for 2 years?
- A person invests ₹20,000 in a scheme that offers 8% compound interest annually. How much will the investment grow to after 3 years?
- A sum of ₹33,100 was divided between Timir and Monali in such a way that if both invested their shares at 10% compound interest per annum, the amount payab...
- A sum becomes Rs. 9680 in 2 years at compound interest compounded annually at 10% per annum. Find the principal.
- Divide Rs. 53,285 into two parts such that the amount received from first part after 12 years is equal to the amount received from second part after 8 year...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt