Question
A man invested certain sum at simple interest of r% p.a. such that it amounts to 124% of itself in 10 years. Find the interest earned when Rs. 10000 is invested at simple interest of r% p.a. for 3 years.
More Simple and compound interest Questions
- Simple interest and compound interest (compounded annually) earned on a certain sum at the end of 2 years are Rs. 3600 and Rs. 3744. Find the rate of inter...
- P deposited ₹31250 in a bank at the rate of 8% compound interest compounded annually. Find the interest received by P after 3 years.
- The ratio of investment of A and B is 6:7 respectively. If the rate of interest for both A and B is 12% p.a and time duration for A and B is 5 years and 4 ...
- 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...
- A sum of money at a specific annual simple interest rate grows to Rs. 2900 in 3 years and Rs. 3500 in 5 years. Calculate the interest earned when this same...
- A man invests a total of Rs 10,000 in two schemes: I) Scheme A: Simple interest at 10% p.a. for 2 years. II) Scheme B: Compound interest at 20% p.a., com...
- A sum of money is invested at a rate of 5% per annum simple interest. If the interest earned in 3 years is ₹900, what is the sum of money invested?
- The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
- A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
- 'Aarav' deposited Rs. 5,400 in a SIP at simple interest of 9% p.a. If he earned Rs. 2,916 as interest, then find the duration (in years) for which the mone...
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
