Question
A certain sum of money invested at R% p.a. simple interest amounts to Rs. 8288 after 4 years and Rs. 10304 after 7 years. If the same sum of money is invested at (R + 8)% p.a. compound interest compounded annually, then the interest received at the end of 2 years will be:
More Simple and compound interest Questions
- If the difference between the simple interest and compound interest, compounded annually, on Rs. 40,000 at (r + 4)% rate of interest for 2 years is Rs. 256...
- The difference between the compound interest compounded annually and simple interest of a sum at 6% p.a. for 2 years is Rs. 36. Find the sum.
- Aman saves Rs. 5,800 in a bank at 9% simple interest for 4 years. If he gets back Rs. '2q' in total, calculate the product of digits of 'q'.
- A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
- A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
- The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 3000. What will be the total amount received after 2 years o...
- On a certain sum of money, simple interest at 8% per annum for 3 years is Rs 4,800. Find the principal,
- A principal amount of Rs. 2,000 earns a simple interest of Rs. 375 in 2 years and 6 months. What is the annual rate of interest?
- Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 year...
- Same amounts are invested in two schemes with 8% interest for 2 years, one scheme at S.I. and another scheme at CI. If he received Rs. 41875.2 after 2 year...
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
