Question
What sum of money must be given at simple interest for 3 months at 4% per annum in order to earn Rs. 240 interest?
More Simple and compound interest Questions
- If a sum earns Rs. 7,200 as simple interest at the rate of 20% p.a. for 3 years and 3 months, calculate the original sum.
- Meena invests Rs. x in a fund that gives 18% simple interest per year. After 4 years, she earns interest of Rs. ‘1.4x – 800’. What is the value of x?
- Amit invested an amount in Fund 'P', which provides compound interest at a rate of 'r'% per annum, compounded annually. He invested the same amount in Fund...
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
- What sum will give Rs. 279 as the difference between simple interest and compound interest at 20% in 1year 6 months compounded half yearly?
- The difference between compound and simple interest on a sum of money for 2 years at 25% per annum is Rs. 880. The sum is:
- Rs. 90Y when invested for 5 years at simple interest of 12% p.a., yields an interest of Rs. 2700. If Rs. 110Y is invested for 3 years at compound interest ...
- Rs. 15,000 becomes Rs. 21,900 after 6 years on simple interest. What is the rate of interest per annum?
- An individual invests ₹1,200 at a simple interest rate of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains invest...
- A principal amount of Rs. 2,000 earns a simple interest of Rs. 375 in 2 years and 6 months. What is the annual rate of interest?
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
