Question
A certain sum invested in compound interest (compounded annually) grows to 5040 in three years. If the rate of interest is 25% for the first year, 40% for the second year, and 50% for the third year, then what is the sum?
More Compound Interest Questions
- The difference between CI (annual) and SI on a certain amount at 15% p.a. for 2 years is Rs. 450. Determine the amount.
- For 2 years at 12.5% p.a. (compounded yearly), CI exceeds SI by Rs. 312.5. Find the sum.
- What will Rs. 40,000 amounts to in 3 years at the rate of 20% p.a., if interest is compounded yearly?
- A sum of money amounts to Rs 1024 in 4 years and Rs 1458 in 7 years at a compound rate of interest. What is the rate of interest per annum?
- A sum becomes 12100 in 2 years at 10% annual CI. Find the principal.
- A person invested 6,000 in a bank at compound interest compounded annually. After 3 years, the sum became 7,986. What was the rate of interest?
- Find the compound interest on Rs. 5000 at 8% per annum for 2 years, compounded annually.
- Find the compound interest on Rs. 5000 at 12% per annum for 2 years, compounded annually.
- A sum of ₹20,000 is invested at an annual interest rate of 10% compounded half-yearly. What will be the total amount after 2 years?
- 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...
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