Question
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1800 and simple interest of Rs.1600 at the end of 2 years. Find the value of ‘R’.
More Simple and compound interest Questions
- Mr. X invested Rs. 500 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 12% per annum and ...
- The difference between the compound interest and simple interest accrued over 2 years is Rs. 4,500 when a principal amount is invested at an annual interes...
- A person invested Rs. 30,000 in two schemes. One scheme gives a simple interest of 7% p.a., while the other scheme gives 11% p.a. If the total interest ear...
- If Rs. 10,000 is invested at a simple interest rate of 8% per annum, it accrues Rs. 1,200 as interest over a period of 't' years. Given the same duration '...
- Sameer invested Rs. (R + 1000) at simple interest of 20% p.a. for 3 years. Ajeet invested Rs. (R - 4000) at compound interest of 20% p.a. for 3 years. If t...
- Rs. 2,800 increases to Rs. 3,640 in 4 years at a simple interest rate of r% per annum. If Rs. 7,000 is put at 2r% per annum for 1 year, how much interest w...
- An amount placed on simple interest at 7.5% per annum for 3 years becomes Rs. 8,025. What was the principal?
- An individual invests ₹1,200 at a simple interest rate of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains invest...
- 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...
- A sum of Rs. 6,000, earning simple interest at an annual rate of 'r%' for 5 years, grows to Rs. 9,000. Calculate the total amount obtained if the same sum ...
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
