Question
The difference between the compound interest and simple interest on a certain sum for 2 years at 12% per annum is 144. Find the principal amount.
-Constable/1731410539-414.JPG)
144 = P× 144/10000 P = 10,000More Compound Interest Questions
- The compound interest on a certain sum in 2.5 years at 10% p.a., interest compounded yearly, is 1,623. The sum is:
- A Bank came up with an interesting investment plan under which it would offer 6% interest compounded half-yearly. Mr. 'X' deposited ₹ 80000 once at the beg...
- CI (compounded yearly) exceeds SI on a sum for 2 years at 8% p.a. by Rs. 160. Find the sum.
- What will be the CI on a sum of Rs.80,000 after 3 years at the rate of 10%p.a?
- What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
- A sum of ₹ 2,400 compounded annually at a certain rate of compound interest in 2 years amounts to ₹ 2,904. What will be the simple interest (in ₹) on the a...
- 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...
- 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. 5000 at 12% per annum for 2 years, compounded annually.
- 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 A...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)