Question
There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
More Simple and compound interest Questions
- Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
- A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
- The compound interest on a certain amount for 2 years at 4% per annum is ₹ 1,020, if interest is compounded annually. Find the simple interest on that amou...
- A sum of money lent at compound interest at the rate of 30% per annum is paid back in three equal annual installments of Rs.4394. Find the sum of money?
- Rs.13000 was invested for 2 years in scheme A which offers compound interest at 10% per annum. What approximate interest earned on investing the amount obt...
- Rs. 2,800 is invested in three parts all at simple interest of 5% p.a. These three parts are invested randomly for 1 year, 2 years and 4 years such that th...
- The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs. 12...
- The difference of S.I and C.I on an amount of Rs. 40000 for 2 years is Rs. 64. What is the rate of interest?
- A certain amount earns simple interest of Rs. 1420 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 124% of itself in 10 years. Find the interest earned when Rs. 10000 is inv...
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