Question
Compound interest on a certain sum of money for 2 years is Rs.3400 while the simple interest on the same sum for the same time period is Rs.3200. Find the rate of interest.
More Simple and compound interest Questions
- Rs. 6,000 is deposited in Scheme 'X' which provides compound interest at 8% per annum, compounded annually. Another amount of Rs. 5600 is invested in Schem...
- A sum of ₹18,000 is divided into two parts. One part is invested at 8% simple interest per annum for 3 years, and the remaining part is invested at 10% sim...
- The interest obtained by investing Rs. (3p + 100) at a simple interest rate of 10% p.a. for 5 years is Rs. (2p + 250). Find the ratio (p - 75) : (p + 125).
- Atul has Rs.200 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests received ...
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
- Ms. Riya allocated her savings into three different funds X, Y, and Z in the ratio 8:7:6. The interest rates for these funds are w% p.a., (w − 4)% p.a., an...
- 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 ...
- A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
- An amount becomes 2.5 times itself in 15 years at a simple interest rate of r% per annum. Find r.
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