Question
The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than the simple interest received on investing Rs. 3200 for 2 years at a simple interest of 20% p. a?
More Compound Interest Questions
- 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 ...
- The difference of compound interest on Rs. 800 for 1 year at 20% per annum when interest is being compounded. Half-yearly and quarterly
- What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
- 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?
- Rs. (3y + 600) is invested at 40% p.a. compound interest, compounded annually for 2 years, and earns an interest of Rs. (4y - 1200). Determine the value of...
- Find the compound interest on Rs. 10,000 at 10% per annum for 2 years, compounded annually.
- A invest Rs. X at 10% compound interest for 3 years. If difference between the interest of 3rd year and 2nd year is Rs. 1210, find the value of X.
- An individual 'P' invested ₹14,000 in a SIP with a compound interest rate of 20% per annum, compounded semi-annually, for a duration of one and a half year...
- Digvijay takes a loan of ₹25,000 at an annual compound interest rate of 10%. He repays ₹4,000 at the end of each year. How much should he pay at the end of...
- Rahul invested ₹4,000 in a scheme offering a compound interest rate of 16% per annum, compounded semi-annually. Calculate the total interest earned by him ...
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