A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is invested at 20% per annum compound interest, compounded annually for two years, then find the interest.
Let the certain sum of money be Rs.P. So, P x 0.125 x 4 = 2700 => P = Rs.5400 Desired interest = [(1.2)2 – 1] x 5400 = Rs.2376
The difference between compound interest and simple interest at rate of 18% per annum for 2 years is Rs. 486. Find the simple interest obtained on same ...
At what % of simple interest per annum will Rs. 400 amount to Rs. 580 in five years?
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A certain amount earns simple interest of Rs. 1360 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
A man, after making the first investment, earned a total interest of Rs. 1,09,200 at the end of 3 years. He invested a certain amount at an annual compo...
Suresh earned an interest of Rs. 1290 on principal amount of Rs. 4000 at some rate of compound interest in 2 years. How much more/less interest would he...
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 27...
Atul invested in scheme A and B that provide simple interest at the rate of 12% and 15% for 3 years and 5 years, respectively. Interest received from sc...
Rs.9000 is divided into two parts such that if one part be invested at 5% and the other at 7%, the annual interest from both the investments is Rs. 580....