Question
A sum of money invested at a certain rate of compound interest per annum amounts to ₹86,800 in 2 years and to ₹95,4800 in 3 years. Find the rate of compound interest per annum.
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
- What is the compound interest on a sum of Rs 12,000 for 2(5/8) years at 8% p.a., when the interest is compounded annually? (nearest to a rupee)
- Question 3
- The difference between CI (annual) and SI on a certain amount at 15% p.a. for 2 years is Rs. 450. Determine the amount.
- A person invests ₹80,000 in a mutual fund. The investment grows at a rate of 8% per annum, compounded annually. After 3 years, he decides to withdraw ₹10,0...
- 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 ...
- 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?
- 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?
- Two trains start from points A and B, 300 km apart, and travel towards each other. Train 1 starts from A at 60 km/h, while Train 2 starts from B at 40 km/h...
- The compound interest on a sum of money for 3 years is 7,280. The sum amounts to 17,280 in 3 years. What is the rate of interest compounded annually?
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