Question
Neil buys a Camera priced at 32000. He pays 8000 at once and the rest after 15 months on which he is charges a simple Interest at the rate of 18% per annum. Then find the total amount he pays for the camera?
More Simple and compound interest Questions
- A sum of Rs. 6,000 earns Rs. 1,080 as simple interest in 3 years. What will be the simple interest on Rs. 8,000 for 4 years at the same rate?
- If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
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- 'A' invested Rs. 20,000 on compound interest at 'p%' p.a. (compounded annually) for two years. 'B' invested Rs. 9,600 on simple interest at 'q%' p.a. for f...
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- Vishwas has Rs. 2500. He gives this money to Manoj on simple interest and after 4 years received the double amount. If the interest rate is 5% more than th...
- The difference between the simple interest and the compound interest on 25000/- at 10% per annum for 2 years is:
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