Compound interest earned = 3000 × {1 + (8/100)}2 – 3000 = 3499.2 – 3000 = Rs. 499.2 So, selling price of the article = 499.2 × 1.25 = Rs. 624
A man invested $4,800 in a scheme offering compound interest compounded annually. If the difference between the interest earned in the 2nd year and the ...
In what time will Rs. 32000 amount to Rs. 42592 at the rate 10% compound interest?
Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
Rs.7800 is divided into two parts such that if one part be invested at 3% and the other at 5%, the annual interest from both the investments is Rs. 320....
Vipul invested Rs.4000 at the rate of R% simple interest for four years and he got Rs.1600 as interest. If he invest same amount for 2 years in C.I. an...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1400 and simple interest of Rs.1250 at the end of 2 year...
A sum of money invested for 2 years at 20% compounded annually and similar money invested for 3 years on simple interest at 10% per annum. If the differ...
The certain sum amounts to Rs 12644.5 in 2(1/2) years at 12% p.a., interest compounded 10 months. The sum (in Rs) is:
A bank pays simple interest at 4% per annum on the first Rs.5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if sh...
The simple interest on a sum of Rs. (6x + 100) for 4 years at 10% per annum is Rs. 1,200. Find the value of x.
