Question
span >A borrows Rs 8000 from B at 15% 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
- If the ratio of the sum invested and simple interest received after 1 year is 25:14 respectively, then find the rate of interest.
- Anjali invested Rs.9000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the ...
- A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
- A sum of money amounts to ₹13,200 after 3 years at a certain simple interest rate. If the principal was ₹10,000, what was the rate of interest per annum?
- 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...
- Rs. 6,500 becomes Rs. 8,190 in 3 years at simple interest. Determine the rate of interest per annum.
- A borrowed Rs. 9500 from B for his business. How much amount A will return to B at the end of 24 months such that the sum was borrowed at simple interest o...
- The amount becomes ₹ 1,451.25 in one year on a simple rate of interest. If the rate of interest was 2% higher, the amount would have been ₹ 27 more. What i...
- Manoj deposited a sum of money in a scheme that offers 10% annual compound interest for a period of three years. If the total interest he earned at the end...
- The difference between compound interest and simple interest on a sum for 2 years at 20% per annum is Rs 192. Find the principal.
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