Question
A sum invested at compound interest of 'r%' p.a., compounded annually amounts to Rs. 750 at the end of second year and Rs. 900 at the end of 3rd year. Find the value of 'r'.
More Simple and compound interest Questions
- Ramesh invested Rs. 8,000 in scheme ‘X’ offering simple interest of 15% p.a. After 3 years, he reinvested the total interest earned from scheme ‘X’ in sche...
- A sum of money gets double in 5 years , in how many years it will be 8 times in CI?
- Simple interest earned on an amount of Rs. 2000 at rate of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 1500 ...
- Rs. (n + 200) invested on simple interest amounts to Rs. 2,400 and Rs. 2,880 in 4 years and 6 years, respectively. Find the value of 'n'.
- Find the compound interest earned on Rs. 35000 at 11% per annum, compounded half yearly, after 1 year.
- What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
- Anjali puts Rs. 'a' in plan A and Rs. (a + 300) in plan B, both for 5 years. Plan A gives 9% and plan B offers 6% simple interest. The total interest she e...
- A man wants to invest Rs 20,220 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at age o...
- Simple interest earned on an amount of Rs. 1800 at rate of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 1500 ...
- Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme A. Both the schemes offer...
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