Question
A certain sum invested at compound interest of 10% p. a compounded annually, returns Rs. 6292 after 2 years. If a 20% greater sum is invested at a simple interest of 9% p. for ‘n’ years, then the interest received would be Rs. 2700. Find the value of 'n'.
More Compound Interest Questions
- The difference of compound interest on Rs. 800 for 1 year at 20% per annum when interest is being compounded. Half-yearly and quarterly
- A person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amount and...
- A sum of rupees 5,000 is invested at 15% per annum compound interest for 1.5 years, compounded half-yearly. What will be the final amount?
- Compound interest on a certain sum of money for 2 years is Rs.2660 while the simple interest on the same sum for the same time period is Rs.2500. Find the ...
- 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?
- At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
- Find the compound interest on Rs 10,000 at 8% per annum, compounded half-yearly, for 1.5 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?
- An article is marked 35% above its cost. If a profit of 20% is earned by selling the article, then the discount per cent offered on the marked price of the...
- 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?
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