Question
Suresh earned an interest of Rs. 645 on principal amount of Rs. 2000 at some rate of compound interest in 2 years. How much more/less interest would he have earned on Rs. 2300 at the same rate of simple interest for the same duration?
More Simple and compound interest Questions
- A deposited Rs. 3500 at 35% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 10% simple interest per annum ...
- 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...
- Rs. 14000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
- A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 30417.5 at the end of 15 months if the rate of interest is compounded 5 monthly. Find ...
- A certain sum when invested at compound interest of 12% p.a. amounts to Rs. 6272 in 2 years. Find the amount received when the same sum is invested at 20% ...
- A woman borrows Rs. 80,000 from a bank at 8% per annum. She invests Rs. 30,000 of it in a business at 12% per annum and the rest at 10% per annum. Calculat...
- A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 756. What is 130% of the sum invested?
- Rs. (x + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 7 years, respectively. Find the value of 'x'.
- An amount of Rs. 7200 is invested at 30% p.a. simple interest for 5 years. The interest gained is then deposited at 10% p.a. compound interest for 2 years....
- A sum of money amounts to Rs. 5600 in 5 years at 8% simple interest per annum. Find the principal and the interest earned.
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
