Question
span >A borrows Rs 6500 from B at 20% p.a compound interest compounded annually. At the end of every year he pays Rs 1500 and at the end of 3rd years he pays all the amount, how much amount does he pay at the end of the 3rd year?
More Simple and compound interest Questions
- A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest ca...
- If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
- A man invested Rs. 12000 in bank A at 10% p.a. compound interest for three years. The interest received from the bank A is Rs. 1472 more than the interest ...
- Anita invests Rs. 9,200 at 7% simple interest per annum for 3 years. If the total amount becomes Rs. '2k', then calculate the product of digits of 'k'.
- A person lent a sum at simple interest for 6 years. If the rate had been 5% more, he would have earned Rs. 750 extra. What was the principal?
- 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 ...
- 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?
- Viraj invested Rs. 3500 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
- A sum invested at compound interest of 'r%' p.a., compounded annually amounts to Rs. 750 at the end of second year and Rs. 900 at the end of 3rd year. Find...
- Ravi lends Rs. 10,000 to two of his friends. He gives Rs.5,000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. T...
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
