Question
A certain amount of money at simple interest amounts to ₹1,404 in 2 years and to ₹1,560 in 5 years. What is the rate of simple interest per annum and principal?
More Simple and compound interest Questions
- A sum of money triples itself in 12 years. Find the rate percent per annum.
- Simple interest earned on an amount of Rs. 2700 at rate of R% per annum after 4 years is Rs. 270. Find the simple interest earned on an amount of Rs. 1800 ...
- A sum of Rs. 15,000 is invested in SIP 'J' which offers 6% p.a. simple interest for 8 years. The interest received from SIP 'J' is invested in SIP 'K' whic...
- Sneha lends Rs. 10,400 on simple interest at 9% annually for 2 years. If she receives Rs. '2k' at the end, calculate the product of digits of 'k'.
- Compound interest on a certain sum of money for 2 years is Rs.3400 while the simple interest on the same sum for the same time period is Rs.3200. Find the ...
- A sum of Rs. 7500 was invested at a certain annual compound interest rate and earned Rs. 1908 in interest over 2 years. What was the annual rate of interes...
- Puneet invested Rs. 28,000 for 4.5 years, while Qureshi invested Rs. 8,000 more than Puneet for a duration of 3.5 years in a business. If their combined pr...
- A sum of money C is Rs. 8000 more than B, B and C are invested at 10% p.a and 12.5% p.a, S.I for two years and the difference between the interest obtained...
- If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.
- A man invested Rs.75000 in a fixed deposit scheme for 3 yrs at CI of 8% p.a. How much will a man get on maturity of the fixed deposit?
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