Question
Rs.13000 was invested for 2 years in scheme A which offers compound interest at 10% per annum. What approximate interest earned on investing the amount obtained from scheme A again in the same scheme for 2 years.
More Simple and compound interest Questions
- The interest received on investing Rs. 15,000 for 5 years at simple interest of 'y%' p.a. is Rs. 18,750. Find the total amount received on investing Rs. 12...
- A certain sum gives the interest equals to 3/5th of the sum when invested for 5 years at simple interest. Find the rate of simple interest.
- A certain sum placed at simple interest grows to Rs. 9,450 in 2 years and Rs. 13,050 in 6 years. Find the invested amount.
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 8 years and that for 10 years?
- Asha borrowed Rs. 4000 at R% S.I. and Rs. 6000 at (R + 2)% S.I. for 3 years. If the total interest was Rs. 1860, find the rate on Rs. 6000.
- What would be the annual interest accrued on a deposit of Rs.24,550 in a bank that pays a 22% per annum rate of simple interest?
- A sum of money doubles itself in 8 years at simple interest. In how many years will it become four times itself at the same rate of interest?
- A bank offers interest at the rate of 10% per annum, compounded half yearly. Find the interest received at the end of the year on a sum of Rs. 30000.
- The difference between compound and simple interest on ₹10,000 for 2 years at r% p.a. is ₹49. Find r.
- Meena invested Rs. 10,500 at 30% p.a. for 2 years and Rs. 7,200 at 28% p.a. for 4 years on simple interest. How much interest did she receive in total?
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