Question
The difference between compound interest and simple interest at rate of 10% per annum for 2 years is Rs. 120. 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
- An amount of Rs. ‘y’ was invested on (R-2)% per annum on simple interest and at the end of 6 years an amount of Rs. 23100 was obtained as an interest. If t...
- A sum was put at simple interest. The amount after 4 years became (96/80) times the amount it had become in 2 years. What is the annual rate of interest?
- Shivam invested 21000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.25200. What is the value of...
- A certain sum of money is divided into two parts. I) One part is invested at 20% p.a. compound interest (compounded annually) and the remaining part is in...
- A man invested a certain amount of sum at 11% per annum simple interest and earned an interest of Rs. 2200 after 2 years. If the same amount is invested at...
- In what time will Rs. 45000, at 4% per annum, produce the same interest at Rs.18000 does in 5 years at 8% simple interest?
- Karan invested Rs. (x + 500) in a scheme A offering simple interest of 16% p.a., and the interest received after 2 years is Rs. 640. He invested Rs. 2x in ...
- Mark invested Rs 15,000 in a scheme at simple interest 20% per annum. After three years he withdrew the principal amount plus invested the entire amount in...
- The amount of simple interest earned on ₹4080 at an annual rate of 7.5% for t years is compared to the simple interest earned on ₹3250 at an annual rate of...
- A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at an a...
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
