Get Started with ixamBee
Start learning 50% faster. Sign in now
Simple interest for one year = 640/2 =Rs. 320 Difference between compound interest and simple interest for 2 years = 665.6 – 640 = Rs. 25.60 So, R = 25.6/320 × 100 = 8% And, P = 320/0.08 = Rs. 4000 Desired interest= [(1.12)2– 1] × 5000 = Rs. 1272
A certain sum of money will be doubled in 25 years at the rate of simple interest percent per annum is:
Mr. Ghanshyam deposited certain amount in the Bank at the end of each year. How much amount did he deposit at the end of each year at the rate of 15% si...
A sum of money grows to Rs 9,600 in 2 years when invested at a simple interest rate of 10% per annum. If the same sum of money is invested at the same i...
Raj invested equal amounts in two schemes x and y at compound interest. In scheme x, the rate of interest was 8% per annum and in scheme y the rate of i...
A certain amount of money, when invested at an annual compound interest rate of 'x%' compounded annually, grows to 1.5376 times its original value in 2 ...
A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
The interest earned when a sum is invested at simple interest of 5% p.a., for 3 years, is Rs. 5280. What will be the total amount received after 2 years...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 2500 and Rs...
A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹480 more. Find the sum
'The sums of money owned by 'Ajay' and 'Vijay' are in the ratio of 7:5, respectively. 'Ajay' invested his amount for 5 years at a simple interest rate o...
