Question
A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
More Simple and compound interest Questions
- Rs. 7,000 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 6% p.a. What is the differ...
- Sandeep borrowed Rs. 20,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'K' to this money and lent the total sum t...
- 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.
- Ramesh lent Rs. 40,000 to Suresh at compound interest of 15% p.a. (compounded annually) for 2 years. Suresh returned the money by calculating simple intere...
- A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
- A farmer wants to divide Rs 2,81,800 between his sons , who are 17 and 19 years old respectively, in such a way that the sum divided at the rate of 12% per...
- F placed Rs. 10,000 in a compound interest scheme for 2 years at an annual rate of p%. If he received Rs. 3456 as compound interest, calculate the rate of ...
- Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in schem...
- A deposited Rs. 3000 at 10% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 12% simple interest per annum ...
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
