The difference between the simple interest and the compound interest compounded annually at the same rate on a sum of money at the end of two years is Rs 554. What is the definite rate per cent per annum?

The correct answer is D

- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. If the interest were compounded half yearly, the difference in two interests would be:
- The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest pa?
- If the simple interest on a certain sum of money for 15 months at 3(1/2)% per annum exceeds the simple interest on the same sum for 9 months at 2(1/2)% per annum by Rs. 25.25. Find the sum.
- A sum of money will amount to Rs. 1344 in 2 year & in 3 year it is to be Rs.1428 in compound interest. Find the rate of interest?
- Veeru invested Rs. 2800 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, compounded annually for another 2 years. Find the final amount received by Veeru at the end of 5 years.
- Simple interest earned on an amount of Rs.1500 at rate of R% per annum after 3 years is Rs.225. Find the simple interest earned on an amount of Rs.1550 at rate of (R + 5)% per annum after 3 years.
- The amount of a certain sum in 3 years at simple interest at x % p.a. is ₹5,472 and the amount of the same sum in 7(1/2) years at the same rate, at simple interest is ₹6,930. The value of x is:
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 years and the difference between the interest obtained by Ajay and Vishal is Rs.2400. Find the amount invested by Vishal.
- Find the period when simple interest on Rs.4000 at 6% per annum will be Rs.400.
- A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:

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