Question
What sum of money must be given at simple interest for 3 months at 5% per annum in order to earn Rs. 220 interest?
More Simple and compound interest Questions
- 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...
- Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years. F...
- A person 'X' borrowed Rs. 4,000 from a bank on simple interest, which is to be repaid in three equal annual installments. The rate of interest charged by t...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 25% p.a., is Rs. 1,000, then find the sum inve...
- A sum of Rs 8,000 is invested at 6% simple interest per annum. In how many years will the interest amount be Rs 2,400?
- Simple interest earned on an amount of Rs. 2000 at rate of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 1500 ...
- A businessman invested Rs. 60,000 in two schemes. One scheme offers 9% p.a., and the other offers 14% p.a. If the total interest earned from both schemes a...
- What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
- The ratio of the sums invested by ‘X’ and ‘Y’ in SIP ‘M’ and ‘N’ is 7:4, respectively. If ‘X’ invested Rs. 6300 more than ‘Y’, then find the amount receive...
- Vishal invested Rs. 3750 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, ...
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