Question
Same amount of Rs. 14,400 is given to two persons each at the rate of 8(3/4)% per annum for compound interest and simple interest respectively. What is the difference of interests received from two persons in a year, if interest is payable half yearly.
More Simple and compound interest Questions
- Amit invested Rs. 12,500 at a simple interest rate of 5.2% per annum for 6 years. Calculate the total amount he will receive.
- After how many years, Rs. 4400 will become 5324 at the rate of 10% p.a., compounded annually?
- Asha borrowed Rs. 4000 at R% S.I. and Rs. 6000 at (R + 2)% S.I. for 3 years. If the total interest was Rs. 1860, find the rate on Rs. 6000.
- If Rs. 15000 is invested at 14% per annum, compounded yearly, calculate the interest earned in one year.
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 years ...
- A certain sum of money is amount to Rs. 62500 in 3 years at 25% per annum compounded annually, what is the sum of money?
- Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- A invests Rs 6000 in a business for the whole year. B joins him later with an investment of Rs 8000. At the end of the year, the profit is divided between ...
- A person 'P' takes a loan of Rs. 2400 at a simple interest rate of 15% per annum for a duration of 2 years. 'P' then lends the same amount to another perso...
- Two cousins, P and Q, made investments in two separate SIPs with different simple interest rates of 12% per annum and 15% per annum, respectively. After 4 ...
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
