Question
The difference between the interest received from two different banks on Rs. 500 for 2 years is Rs. 2.50. The difference between their rates is ?
x = 0.25% (on solving) More Simple and compound interest Questions
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
- A man invested a certain amount of sum at 15% per annum simple interest and earned an interest of Rs.2100 after 2 years. If the same amount is invested at ...
- Neha deposited Rs. 20,000 in scheme ‘A’ which offers simple interest of 9% p.a., for 5 years and Rs. 12,000 in scheme ‘B’ which offers simple interest of 1...
- Compound interest on a certain sum of money for 2 years is Rs.5160 while the simple interest on the same sum for the same time period is Rs.4800. Find the ...
- Rs.26000 is split into two sums such that the Simple Interest on one part for 5 years at 10% equals the Simple Interest on the other part for 6 years at 9%...
- Rohit made an investment that yielded a simple interest rate of r% per annum, allowing the principal to grow to 180% of its original amount in 5 years. If ...
- Aman spends 30% of his income, monthly income, on fuel. 40% in basic needs and 20% of the remaining in education. He saves the rest of them all in a recurr...
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 years ...
- Rs. 28000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 40 less than the inte...
- The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 25% p.a. for 2 years, is Rs. 120. If Rs. (P...
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
