Question
A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:
More Simple and compound interest Questions
- Rs. 3,000 becomes Rs. 4,200 in 10 years at simple interest of r% p.a. If Rs. 6,000 is invested at 0.5r% p.a. for 6 years, what will be the interest amount?
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- ‘P’, ‘Q’ and ‘R’ put in ₹32,000, ₹20,000 and ₹28,000 respectively. They remain invested for 3 months, 6 months and 9 months. If the total profit is ₹58,500...
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 160% of itself in 6 years. Find the interest earned when Rs. 2400 is inves...
- Mr. X invested Rs. 700 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 5% per annum and 1...
- A man invested Rs. 5,000 at simple interest of 'x%' p.a. and received Rs. 12,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%' p....
- Priya deposited Rs. ‘x’ at 14% p.a. simple interest, and Neha deposited Rs. (x + 600) at 11% p.a. simple interest. If after 2 years, the total interest ear...
- A man takes a loan of Rs. 50,000 from a bank at a simple interest rate of 10% per annum. He immediately lends the same amount to a friend at a compound int...
- A laptop charger is sold for Rs.2,540 in cash or for a down payment of Rs.1,340 in cash together with Rs.1,205 to be paid after one month. Find the rate of...
- Calculate the difference between the simple interest and compound interest accrued on an amount of Rs. 1600 over a period of 2 years at an annual interest ...
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
