Question
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 years. Calculate the interest earned by 'P'.
More Compound Interest Questions
- A man borrowed ₹10,000 at an interest rate of 12% per annum compounded annually. He repaid ₹4,000 at the end of the first year. What amount should he pay a...
- What is the compound interest in a sum of 7500 for 12/5 years at 20% p.a., interest compounded yearly (nearest to an integer)?
- A sum of money amounts to Rs 1024 in 4 years and Rs 1458 in 7 years at a compound rate of interest. What is the rate of interest per annum?
- Sri Gupta borrowed a sum at compound interest. What is the amount returned in 2 years ? I. The simple interest incurred on the sum in 1 year is 1200. II....
- The difference between CI (annual) and SI on a certain amount at 15% p.a. for 2 years is Rs. 450. Determine the amount.
- 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 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 person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amount and...
- What will be the CI on a sum of Rs.50,000 after 3 years at the rate of 11%p.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...
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