Question
A person invests ₹20,000 in a scheme that offers 8% compound interest annually. How much will the investment grow to after 3 years?
More Compound Interest Questions
- CI (compounded yearly) exceeds SI on a sum for 2 years at 8% p.a. by Rs. 160. Find the sum.
- Find the compound interest on Rs. 10,000 at 10% per annum for 2 years, compounded annually.
- 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...
- Raman invested Rs. 70,000 in a bank offering 10% compound interest per annum for 2 years. After 2 years, he used the total amount to start a business with ...
- 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.
- 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...
- 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...
- A sum becomes Rs. 9680 in 2 years at compound interest compounded annually at 10% per annum. Find the principal.
- 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...
- 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 ...
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