Question
A man borrowed Rs 300 and promised to pay back in 11 equal instalments of Rs 30 each. Find the rate of simple interest per annum?
More Simple and compound interest Questions
- The difference between the simple interest and the compound interest compounded annually at the same rate on a sum of money at the end of two years is Rs 5...
- Sameer invested Rs. (R + 1000) at simple interest of 20% p.a. for 3 years. Ajeet invested Rs. (R - 4000) at compound interest of 20% p.a. for 3 years. If t...
- The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 10% p.a. for 6 years, then find the simple ...
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
- Ravi lends Rs. 4800 to two of his friends. He gives Rs.2400 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The ...
- Suppose 'S' invested Rs. 40,000 each at 12% p.a. in two different Funds for 2 years, with one Fund offering compound interest (compounded annually) and the...
- The simple interest on a sum of money for 4 years at 9% per annum is Rs 2160. Find the principal.
- An initial investment made at a 25% annual interest rate, compounded semi-annually, grows to Rs. 10,125 after one year. How much simple interest would this...
- The simple interest on Rs. (6p + 300) at 25% p.a. for 2 years is Rs. (2p + 350). Find the ratio (p - 100) :(p + 50)
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