Question
A certain amount earns simple interest of Rs. 1520 after 5 years. Had the interest been 6% more, how much more interest would it have earned?
More Simple and compound interest Questions
- Rs. (n + 400) invested on simple interest amounts to Rs. 3,200 and Rs. 3,800 in 4 years and 6 years, respectively. Find the value of 'n'.
- Rs.700 amounts to Rs.742 in 2 years at a certain rate. If interest rate is increased by 2%, then what will be the new interest?
- A sum was put at simple interest at a certain rate for 7 years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?
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- P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same...
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