Question
The simple interest received on a certain sum is Rs. 400 less than the sum invested. If the sum was invested at 15% p.a. for 5 years, then find the simple interest received.
More Simple and compound interest Questions
- A invests Rs 6000 in a business for the whole year. B joins him later with an investment of Rs 8000. At the end of the year, the profit is divided between ...
- A sum of money invested at 18% per annum simple interest for 3 years earns Rs. 540 more interest than it does when invested at 15% per annum compound inter...
- Rs. 2500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
- In what time will Rs. 21000 amount to Rs. 27951 @ 10% compound interest?
- The difference between compound interest and simple interest on a sum for 3 years at 10% per annum is Rs 62. Find the principal.
- Sameer deposited Rs. 28,000 in fund 'E' and Rs. 36,000 in fund 'F'. Fund 'E' gives 13% simple interest for 3 years and fund 'F' gives 11% interest per annu...
- Rs. (2x + 400) is invested at a rate of 20% per annum, yielding an interest of Rs. 3200 after 4 years. Calculate the interest earned when Rs. (x + 100) is ...
- The simple interest on Rs.P for 3 years at 15% per annum is Rs.900 more than the compound interest on Rs.(P – 2400) for 2 years at R% per annum. If the sim...
- A man invested Rs. 10,000 at simple interest of 15% p.a. If he had instead invested the same sum on compound interest of 15% p.a., compounded annually, the...
- The simple interest on a sum for 2 years at r% per annum is Rs 500 and the compound interest (compounded annually) on the same sum for 2 years at the same ...
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
