Question
Rs. 6000 when invested at simple interest of r% p.a. amounts to Rs. 9000 in 24 months. If the same sum had been invested for 1 year at compound interest of (r + 20) % p.a. (compounded in every 4 months), then the amount received would be?
More Simple and compound interest Questions
- At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
- An amount of 'a' is invested at an annual interest rate of 18% with simple interest, and another amount of 'a + 750' is invested at an annual interest rat...
- Virendra invested Rs. 2600 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest...
- 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 ...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1100 and Rs. 1...
- 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...
- A sum is lent on compound interest for 2 years at 14% p.a. If the compound interest on the sum is Rs.4194.4, find the sum.
- A person invests Rs. ‘a’ in SIP A and Rs. ‘b’ in SIP B. SIP A offers simple interest at 15% per annum, while SIP B offers compound interest at 20% per annu...
- A man deposited Rs. 20000 at 10% compound interest, compounded annually while Rs. 19000 at 12% simple interest per annum. What will be the difference betwe...
- If the difference between the simple interest and compound interest, compounded annually, received on a principal amount of Rs. 25000 at an interest rate o...
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