Question
A certain sum of money becomes 3 times of itself in 40 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?
More Simple and compound interest Questions
- 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 ...
- Rs. 85Y when invested for 4 years at simple interest of 11% p.a., yields an interest of Rs. 2992. If Rs. 105Y is invested for 3 years at compound interest ...
- Simple interest earned on an amount of Rs. 1250 at rate of R% per annum after 4 years is Rs. 250. Find the simple interest earned on an amount of Rs. 1300 ...
- A person borrows money from a lender at a 16% p.a. simple interest. If he repaid Rs. 6,960 after 48 months to settle the loan, find the principal amount.
- A man invested certain sum at 10% p.a. simple interest for his son who was 17 years old. If the amount received by the son when he was 30 years old is Rs. ...
- A certain sum of money is invested in two schemes: • Scheme A: Compound interest at 10% per annum, compounded annually, for 3 years. • Scheme B: Simple i...
- Rohit invested a sum on compound interest at 'R%' per annum (compounded annually), which amounts to ₹8,000 and ₹11,520 in 2 years and 4 years respectively....
- On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as interest ...
- At simple interest, a sum of Rs 6,000 becomes Rs 7,080 at 8% per annum. For how many years was the money invested?
- A person borrowed Rs. 50,000 at a rate of 12% per annum for one year. He then lent it out as two separate loans to D and E. He lent Rs. 20,000 to D at 20% ...
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
