Question
The compound interest on a certain amount for 2 years at 4% per annum is ₹ 1,428 if interest is compounded annually. Find the simple interest on that amount for 2 years at 4% per annum?
type-ssc
More Simple and compound interest Questions
- The interest received on investing Rs. (8p + 400) on simple interest at 5% p.a. for 8 years is Rs. (3p + 240). Find the ratio (p + 100) :(p + 600)
- Simple interest received at the rate of 15% p.a. for 2 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 y...
- B invested Rs. 8000 in a compound interest scheme for 2 years at an annual interest rate of x%. If he received Rs. 3520 as interest, find the rate of inter...
- Simple interest earned on an amount of Rs.1400 at rate of R% per annum after 3 years is Rs.210. Find the simple interest earned on an amount of Rs.1600 at ...
- Ravi lends Rs. 5,000 to two of his friends. He gives Rs.2500 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. The...
- Find the ratio of simple interest and compound interest compounded annually received on a certain sum of at 20% rate of interest after two years respective...
- A sum of money grows to Rs. 7,500 in 5 years and Rs. 8,250 in 7 years under simple interest. What is the original principal amount?
- Rs. 6,300 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 3500 in scheme ‘B’ offering simple interest of 8% p.a. What is the differe...
- 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...
- If an investment of Rs. 5,120 grows to Rs. 6,480 in two years when compounded annually at an interest rate of 'R%' per annum, calculate the value of 'R'.
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
