Question
The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same amount for a period of 2 years at rate of 10% per annum.
More Simple and compound interest Questions
- The amount on a certain principal at simple interest is Rs. 6,750 after 2 years and Rs. 9,000 after 5 years. What was the initial sum?
- Vishwas has Rs. 2500. He gives this money to Manoj on simple interest and after 4 years received the double amount. If the interest rate is 5% more than th...
- Amit lent Rs. 25,000 to Rohit at compound interest of 10% p.a. (compounded annually) for 2 years. Rohit however paid him back at simple interest instead of...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 10% p.a., is Rs. 200, then find the sum invest...
- Vikram had Rs. 9500 with him. He invested 35% of the sum at 11% p.a. and the rest at 16% p.a., both at simple interest for 4 years each. Find the total int...
- A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the compound interest earned when ...
- Find the simple interest on Rs 3,000 at 6% per annum for 4 years. Also find the amount.
- The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amo...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 25% p.a., is Rs. 1,000, then find the sum inve...
- The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of 12% per an...
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
