Question
A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference between the compound interest and the simple interest earned by him after 3 years?
More Simple and compound interest Questions
- Rajan invested Rs. 18,000 in a scheme offering x% p.a. simple interest for x years. Interest earned by him after ‘x’ years is Rs. 11520. Find the interest ...
- Anil borrowed Rs. 7,200 at simple interest of 15% p.a. and Rs. 8,400 at simple interest of 12% p.a. The total interest he paid after ‘y’ years is Rs. 8,352...
- A person borrows Rs 400 at 5% compound interest per annum. If he returns Rs 200 after one year, then how many more rupees will he have to pay at the end of...
- Rs. 9000 is invested in scheme ‘A’ for 2 years and Rs. 7500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 10% p.a. If the int...
- The simple interest received on a certain sum is Rs. 1200 less than the sum invested. If the sum was invested at 20% p.a. for 4 years, then find the simple...
- The difference between compound and simple interest on ₹10,000 for 2 years at r% p.a. is ₹49. Find r.
- If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
- A person invested Rs. 16500 in the simple interest for 3 years at the rate of 19% per annum. If the interest received is Rs. 940Z, then find the value of Z...
- Calculate the principal amount 'x' for which the simple interest accrued over 5 years at an annual rate of 24% is equivalent to the compound interest earne...
- An amount of 'P' was invested at simple interest at the rate of (R - 2)% per annum. It becomes Rs. 7,200 in 4 years and Rs. 10,800 in 8 years. What is the ...
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