Question
A man borrows ₹12,000 at 10% per annum simple interest for 5 years. He repays ₹6,000 at the end of 3 years. What amount should he repay at the end of 5 years to clear the loan?
More Simple and compound interest Questions
- The difference between compound interest and simple interest at the same rate for Rs. 1200 for 2 years is Rs. 48. The rate of interest per annum is:
- 'X' invested Rs. 2,00,000 at compound interest of ___% p.a., compounded once every 4 months. If he kept the amount invested for 12 months, then interest ea...
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
- The simple interest on Rs. ‘p’ at 15% p.a. for 2 years is 450 more than the simple interest on Rs. (p + 1000) at 10% p.a. for 2.5 years. Find the compound ...
- Deepali invests Rs. 8,300 at a simple interest rate of 4% per annum for 6 years. The total amount she receives is Rs. '2k'. What is the product of the digi...
- A man invested Rs. 5,000 at simple interest of 'x%' p.a. and received Rs. 12,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%' p....
- When the interest accrued on a certain principal amount over four years is 4/9 times the interest earned on the same principal amount after another four ye...
- A sum was invested in scheme ‘A’ for 4 years at simple interest of 10% per annum. Had it been invested in scheme ‘B’ at simple interest of 9% per annum for...
- On what sum will the difference between the simple and compound interest for 3 years at 20% percent per annum amounts to Rs 66.56?
- Ankit placed some money in a fixed deposit that provides a compound interest rate of 16% per annum, compounded yearly. At the end of two years, he received...
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
