Question
The compound interest (compounded annually) on a certain amount for 2 years is Rs. 2415. If the annual rate of interest is 10%, what is the principal amount?
More Compound Interest Questions
- 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...
- Avantika gets a SI of Rs.4800 on a certain principal at the rate of 6%p.a. in 4 years. What CI will she get on twice the principal in two years at the same...
- A certain sum of money yields Rs. 8,334 as compound interest for 3 years at 15% per annum. Calculate the approximate compound interest on the same amount o...
- A man invests ₹50,000 in a scheme offering compound interest at 10% per annum, compounded annually. He withdraws ₹25,000 after 2 years. If he lets the rema...
- A sum of money was invested at 10% p.a. compound interest (compounded annually), and it amounted to Rs. 6050 at the end of 2 years. Find the original sum.
- A sum of money amounts to ₹12,960 in 2 years at compound interest. If the rate of interest is 10% per annum, what is the principal amount?
- 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 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...
- Find the compound interest on Rs. 4000 at 10% per annum for 2 years, compounded annually.
- Question 10
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