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
- Atul has Rs.300 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 25% p.a. for 5 years. Find the sum of simple interests received ...
- 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. 100. If Rs. (P...
- Atul has Rs.550 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests received ...
- A woman invested Rs. 'x + 500' at 8% per annum simple interest and received Rs.360 as interest after 3 years. Calculate the interest she would earn if she ...
- Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) rd of a ye...
- If ₹5,000 is invested at an annual interest rate of 8% compounded quarterly, at what time will it grow to ₹5,202?
- A certain sum amounts to Rs. 1800 in 3 years and to Rs. 2592 in 5 years, when invested at R% p.a. compound interest, compounded annually. Find the amount r...
- Vikram had Rs. 9500 with him. He invested 35% of the sum at 11% p.a. and the rest at 16% p.a., both at simple interest for 4 years each. Find the total int...
- The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same amo...
- A man deposited Rs. 16000 at 10% compound interest, compounded annually while Rs. 14000 at 13% simple interest per annum. What will be the difference betwe...
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
