Question
A certain amount will become six times in 20 years. How long does it take for the same amount to become 5 times? Assume the same rate of simple interest in each case.
More Simple and compound interest Questions
- The amount received on a certain sum of money at the rate of interest of 18% per annum simple interest after 8 years is Rs. 12200. What was the principal (...
- The simple interest earned on ₹3,000 at a rate of 8% per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of 12% per an...
- Veeru invested Rs. 3450 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
- A person invested Rs. 45,000 in two different schemes together. One scheme offers a simple interest of 9% p.a., while the other scheme offers a simple inte...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 2700 and Rs. 2...
- If Rs. 4000 becomes Rs. 5760 in 2 years at compound interest (compounded annually), then what is the annual rate of interest?
- What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
- Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple interest...
- A woman lent Rs. 29500 at 13% p.a. compound interest, compounded annually for two years. After two years, the total amount earned by the woman is again len...
- Jeeva invested Rs. 30,000 at a compound interest rate of 24% per annum, compounded annually, for 2 years. After these two years, she decided to utilize 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
