Question
A certain sum of money invested at a rate of 12% p.a. amounts to Rs. 20837.25 at the end of 15 months if the rate of interest is compounded 5 monthly. Find the sum (in Rs.).
More Simple and compound interest Questions
- A sum of money lent at compound interest at the rate of 30% per annum is paid back in three equal annual installments of Rs.4394. Find the sum of money?
- Mr. X invested Rs. 800 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 6% per annum and 1...
- The difference between C.I and S.I on a certain sum for 3 years is Rs. 122 at 5% p.a. Then find the sum? &n...
- A man invests a total of ₹50,000 in two schemes A and B. Scheme A offers simple interest at 12% p.a. for 3 years. Scheme B offers compound interest at 10% ...
- A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in schem...
- X invested Rs. x at 7% per annum simple interest for 5 years and Y invested Rs. (x + 900) at 9% per annum simple interest for 1 year. If the total interest...
- A person took a loan from a bank at a 20% p.a. simple interest. If after 30 months, he repaid Rs. 7,500 to settle his debt, find the principal amount he bo...
- If the difference between compound interest (compounded annually) and simple interest earned in two years at 10% p.a., is Rs. 200, then find the sum invest...
- An investor put a sum at 14% per annum for 2 years compounded annually. If instead the interest was compounded half yearly, he would have earned Rs. 112 mo...
- Amit placed an amount 'p' in Fund 'X' that offers a 10% compound interest per annum and also invested Rs. (p + 1000) in Fund 'Y' that offers a 15% simple i...
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
