Question
Rs. 10000 when invested at simple interest of r% p.a. amounts to Rs. 12000 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
- 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 amo...
- A sum of Rs. 20000 earns compound interest at 9% per annum, compounded half yearly. Find the total interest at the end of one year.
- The difference between compound interest and simple interest on ₹10,000 at 10% per annum for 2 years is ____.
- A certain amount earns simple interest of Rs. 1360 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
- The interest received on investing Rs. (8p + 400) on simple interest at 5% p.a. for 8 years is Rs. (3p + 240). Find the ratio (p + 100) :(p + 600)
- A sum of Rs. 100 is invested at 10% per annum compound interest (compounded annually) for two years. How much interest will be received after two years?
- The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be
- 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.
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- A sum doubles in eight years at simple interest. In how many years will the sum become five times the original sum?
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