Question
The difference between compound interest and simple interest at the same rate for Rs. 1800 for 2 years is Rs. 18. The rate of interest per annum is:
More Simple and compound interest Questions
- A sum of money lent at compound interest at the rate of 20% per annum is paid back in three equal annual installments of Rs.864. Find the sum of money?
- A certain amount becomes four times in 25 years under simple interest at a r% per annum. If Rs.8,000 is invested at (r − 4)% simple interest per annum, the...
- A sum of Rs 50,000 is partly invested in Scheme A at 8% simple interest per annum and the remaining in Scheme B at 12% simple interest per annum. The t...
- ‘M’ invested Rs. 3600 for (t + 6) months, while ‘N’ invested Rs. 900 more than ‘M’ for (t - 1) months, in a business. If profit received by ‘N’ out of tota...
- A sum of money will amount to Rs. 250 in 2 year & in 3 year it is to be 350 in compound interest . Find the rate of interest?
- A certain sum of money yields Rs.1261 as compound interest for 3 years at 5% per annum. Find the sum.
- Gaurav invested Rs. 9000 in a compound interest scheme for 2 years at an annual rate of q%. If he received Rs. 1980 as compound interest, find the rate of ...
- An amount of Rs. 3,000 is invested for 2 years at a compound interest rate of 10% per annum. The interest gained is used to buy an item. If the item is the...
- A man invests Rs X in a scheme at 12% rate of interest for 8 years. After 8 years he reinvests the amount received at same rate of interest for same time d...
- A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together receive...
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