Question
A borrowed Rs. 9500 from B for his business. How much amount A will return to B at the end of 24 months such that the sum was borrowed at simple interest of 20% p.a.?
More Simple and compound interest Questions
- Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
- Arjun acquired a smartphone with a price tag of Rs. 18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installme...
- The difference between simple and compound interest on Rs 2900 at a certain rate in 2 years is Rs 10.44, then what is the annual rate.
- A sum was put at simple interest at a certain rate for 7 years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?
- Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a. If the int...
- What principal amount, when invested at an annual simple interest rate of 3.6% for 15 years, will generate an interest of Rs. 4,050?
- Neha invested Rs. 25,000 at simple interest of 12% p.a. If she kept withdrawing Rs. 5,000 after every one year, then find the total interest earned by Neha...
- A invests a sum at 8% simple interest. After 5 years the amount becomes 1.4 times the principal. Find the rate of interest used.
- A person lent a sum at simple interest for 6 years. If the rate had been 5% more, he would have earned Rs. 750 extra. What was the principal?
- Mr. X invested Rs. 1200 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 9% per annum and ...
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