Login / Signup

Question

span >A man invested a certain amount of sum at 10% per annum simple interest and earned an interest of Rs. 2600 after 2 years. If the same amount is invested at 10% per annum compound interest, compounded annually for two years then the interest would be:

A Rs. 3168

B Rs. 2730

C Rs. 3368

D Rs. 3468

E Rs. 3568

Practice Next

More Simple and compound interest Questions

The amount in a bank account after 3 years is ₹1350 when the interest is compounded annually at a rate of 10%. What was the principal amount?
A man loans out Rs. 22,100 at a simple interest rate of 20% per annum. After 2 years, he reinvests the total amount received at an annual compound interest...
A certain amount triples in 20 years under simple interest at a r% per annum. If Rs.15,000 is invested at (r + 5)% simple interest per annum, then find the...
If Rs. 25,000 is loaned at a compound interest rate of 50% per annum, and the interest is compounded once every year, what will the amount be after 2 years...
The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 10% p.a. for 6 years, then find the simple ...
A sum of Rs. 'p' is invested at a compound interest rate of 15% per annum, compounded once every 8 months. After 16 months, the total interest earned is Rs...
A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
Ankit invested Rs. 12,000 in a scheme that offers compound interest at an annual rate of x%, compounded once a year. After 2 years, he received an interest...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 160% of itself in 6 years. Find the interest earned when Rs. 2400 is inves...
Anoop invested Rs. 'r', while Binny invested Rs. 15,000. After 7 months, Anoop reduced his investment by Rs. 3,000, and Binny reduced his investment by Rs....

Hey! Ask a query

ask-question