Question
A certain sum of money invested at a rate of 48% p.a. amounts to Rs. 20736 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 Rs.80 is lent to be returned in 90 months installments of Rs.10 each, interest simple. The rate of interest is: -
- An investment of Rs. 9,600 at an annual interest rate of 'R' percent for three years yields a simple interest of Rs. 5,760. Calculate the compound interest...
- Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p.a., while i...
- The simple interest on Rs.P for 3 years at 15% per annum is Rs.900 more than the compound interest on Rs.(P – 2400) for 2 years at R% per annum. If the sim...
- Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6 ye...
- A certain amount becomes double in 8 years at r% simple interest. Find the rate of interest.
- 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...
- A sum of money placed at simple interest becomes Rs. 14,400 in 4 years and Rs. 18,000 in 7 years. What is the initial amount invested?
- A sum of money amounts to Rs 2420 in 2 years and Rs 2662 in 3 years at compound interest. Find the rate of interest per annum and the principal.
- Aman invested Rs. 'a' and Rs. (a + 2300) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If SI...
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