Question
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount for the same period is
More Simple and compound interest Questions
- Sita invests a certain amount at an annual simple interest rate of 10% for 3 years. The total amount she receives after this period is then reinvested at a...
- A sum of Rs. 2000 earns a simple interest of Rs. 600 in 5 years at R% per annum. Calculate the simple interest on Rs. 2500 at the rate of (R + 2)% per annu...
- Piyush initially took a loan from Vivek at a simple interest rate of 8% per annum, and after a duration of two years, he repaid the borrowed amount. Subseq...
- Difference between simple interest and compound interest at the rate of 10% p.a. for 2 years is Rs 480, find the sum.
- Kamal invested Rs. 6,250 in scheme ‘A’ offering simple interest of 13% p.a. 4 years later, he reinvested the entire interest earned from scheme ‘A’ in anot...
- A principal amount of ₹5p grows to ₹(5p + 660) in 2 years at an annual interest rate of 20% compounded yearly. Determine the compound interest earned when ...
- 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 man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded annually...
- A certain sum of money becomes 3 times of itself in 10 years at simple interest. In how many years does it become double of itself at the same rate of simp...
- A sum is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtained ...
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
