Question
Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 8000 in 24 months. If the same sum had been invested for 1 year at compound interest of (r + 30) % p.a. (compounded in every 4 months), then the amount received would be?
More Simple and compound interest Questions
- Rs. 7,000 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 6% p.a. What is the differ...
- The difference between compound and simple interest on a sum of money for 2 years at 4% per annum is Rs. 626. The sum is:
- What will be the total amount earned after 3 years on an investment of Rs. 45,000 at 10% per annum simple interest?
- A sum when invested at simple interest of 12% p.a. becomes Rs. 2,080 in 5 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- Find the simple interest and the amount on Rs 5,000 at 8% per annum for 3 years.
- A sum, when invested at 12(½)% simple interest per annum, amounts to ₹8,250 after 2 years. What is the simple interest?
- A person invested Rs. ‘x’ in account A and Rs. ‘x/2’ in account B. Account A gives 4% simple interest per annum while account B gives 7%. After 5 years, th...
- If Simple Interest is 12.5% more than the principal and number of years(n), rate(r) are numerically in the ratio 2 : 1, then find the values of n, r.
- Meena invests Rs. 55,000 in Scheme 'L' and Rs. 32,000 in Scheme 'M'. Scheme 'L' provides simple interest at 11% p.a. for 3 years, and Scheme 'M' offers 10%...
- A certain sum of money becomes 8000 in 6 years and Rs. 9240 in 10 years at any certain rate of simple interest. Find the principal amount.
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
