Question
The simple interest received on a certain sum is Rs. 480 less than the sum invested. If the sum was invested at 12% p.a. for 7 years, then find the simple interest received.
More Simple and compound interest Questions
- A man invested a sum of Rs. 25,000. He invested some part at 5% p.a. and remaining at 5.5% p.a. How much money did he invest at 5% p.a.? Statement I: The...
- Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
- Simple interest earned on an amount of Rs.1200 at rate of R% per annum after 4 years is Rs.384. Find the simple interest earned on an amount of Rs.1500 at ...
- An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (compo...
- Ravi lends Rs. 5,000 to two of his friends. He gives Rs.2500 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The...
- A person took a loan from a bank at a 20% p.a. simple interest. If after 30 months, he repaid Rs. 7,500 to settle his debt, find the principal amount he bo...
- The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amo...
- if the interest is compounded half-yearly, calculate the amount when the principal is Rs.4000, the rate of interest is 22%.solve the question
- A sum of Rs. 1,500 is invested at a simple interest rate of 10% per annum for 18 months. If the interest earned is Rs. 'q', find the value of (q - 15).
- If an investment of Rs. 5,120 grows to Rs. 6,480 in two years when compounded annually at an interest rate of 'R%' per annum, calculate the value of 'R'.
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