Question
A bank pays simple interest at 4% per annum on the first Rs.5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she deposits Rs.13,250 with the bank for 2 years.
More Simple and compound interest Questions
- Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
- Rahul deposits a sum of money at an annual compound interest rate of 15%. After 1 year, the interest accumulated amounts to Rs. 180. If he increases his in...
- A sum of money amounts to Rs 9,200 in 3 years at 5% simple interest per annum. Find the interest earned .
- 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...
- Aman lends 50% of his sum of money at 17% per annum, 40% of rest at 12% per annum and the rest at 15% per annum rate of interest. What would be the annual ...
- A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount for the s...
- A man invested Rs. 15,000 at simple interest of 'x%' p.a. and received Rs. 30,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%' p...
- Determine the value of 'K' if an investment of Rs. 30,000, made under a simple interest scheme at an annual rate of 18%, yields an interest amount of Rs. (...
- 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...
- A man buys a laptop at Rs. 18,000. He pays Rs.6,000 at once and the rest after 18 months on which he is charging a simple interest at the rate of 15% per a...
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
