Question
The compound interest on a certain sum, compounded half-yearly at an annual rate of 20% for one year, is Rs. 540 less than the simple interest on the same sum for 2 years at an annual rate of 15%. What is the principal amount?
More Compound Interest Questions
- A sum of ₹10000 is invested at compound interest for 2 years. If the interest rate is 5% per annum, what is the total amount after 2 years?
- 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?
- What will be the CI on a sum of Rs.80,000 after 3 years at the rate of 10%p.a?
- A sum of money at a certain rate of interest when compounded annually becomes ₹625 in 4 years and ₹675 in 5 years. What is the rate of Interest per annum?
- A principal amount is invested at an annual compound interest rate of y%. After 2 years, the investment grows to Rs. 7200, and after 4 years, it reaches Rs...
- Find the compound interest on Rs. 10,000 at 10% per annum for 2 years, compounded annually.
- What is the difference between the compound interest, when interest is compounded 5-monthly, and the simple interest on a sum of ₹12,000 for 1(1/4) years a...
- 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...
- A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And invest...
- CI (compounded yearly) exceeds SI on a sum for 2 years at 8% p.a. by Rs. 160. Find the sum.
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
