Question
The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simple interest received.
More Simple and compound interest Questions
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
- A company declared 20% discount for wholesale buyers on an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He fixed ...
- Charan went to purchase an Apple i phone, the shopkeeper told him to pay 30% GST, if he asked the bill. Charan manages to get the discount of 10% on the ac...
- A sum of money becomes 3 times of itself in 4 years when invested on simple interest. In how many years will it become 9 times of itself if the rate of int...
- Rahul lent Rs. 10,000 on simple interest at 6% annually for 3 years. Find the amount returned to him after the period.
- The compound interest on a certain principal for 2 years at 7% per annum compounded annually is Rs. 289.80. What will be the simple interest for the same d...
- ‘M’, ‘N’ and ‘O’, each of them invested Rs. 3500 at the rate of 12% p.a., 30% p.a. and 45% p.a., respectively for 7 years, 4 years and 5 years, respectivel...
- A sum of money, invested for 6 years on 5% per annum simple interest, amounted to ₹169 on maturity. What was the sun invested?
- If certain sum of amount becomes Rs. 9024 in 12 years and Rs. 13536 in 24 years at a certain rate of compound interest, compounded annually then find the s...
- 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...
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
