Question
In a certain duration of time, a sum becomes 2 times itself at the rate of 5% per annum simple interest. What will be the rate of interest if the same sum becomes 5 times itself in the same duration?
More Simple and compound interest Questions
- An initial principal sum of Rs. 8000, invested by Pranav, accrued interest at a compound rate of 20% annually for a period of 2 years. Subsequently, the en...
- A person invested Rs. x at 20% CI p.a. in scheme A for 2 years. The interest received was reinvested in B for 2 years at 15% SI p.a. The amount received fr...
- Rs. 2,800 is invested in three parts all at simple interest of 5% p.a. These three parts are invested randomly for 1 year, 2 years and 4 years such that th...
- Suresh earned an interest of Rs. 1419 on principal amount of Rs. 4400 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.
- The amount in a bank account after 3 years is ₹1350 when the interest is compounded annually at a rate of 10%. What was the principal amount?
- At simple interest, a sum becomes double of itself in 8 years. In how many years will it become 2.75 times of itself at the same rate?
- The interest received on investing Rs. 6,000 for 5 years at simple interest of 'm%' p.a. is Rs. 6,000. Find the total amount received on investing Rs. 3,00...
- Hemant invested Rs. ‘y’ at the rate of (r+2)% per annum on simple interest and after four years Rs. 27520 was obtained as an interest. If Rs. (y+2500) was ...
- A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
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