Question
A sum of Rs. 9,600 grows to Rs. 12,696 when invested at an annual compound interest rate of 'R%' for 2 years. What is the value of 'R'?
More Simple and compound interest Questions
- Someone puts Rs. 18,000 in a scheme offering simple interest at ‘x%’ annually and receives Rs. 22,500 after 2.5 years. If he had instead invested Rs. 15,00...
- A sum becomes four times itself when invested at r% p.a. simple interest for 12 years. Find the rate of interest.
- A invested Rs.600 at r% rate of simple interest for 20 months while B invested Rs.900 at 16% rate of simple interest for r months. If they together receive...
- A person borrowed Rs. 9,300 at 11% p.a. and Rs. 6,700 at 13% p.a. simple interest. If the total interest paid after ‘n’ years is Rs. 5,486, find the value ...
- A sum of Rs. 6,000, earning simple interest at an annual rate of 'r%' for 5 years, grows to Rs. 9,000. Calculate the total amount obtained if the same sum ...
- A sum of Rs. 100 is invested at 10% per annum compound interest (compounded annually) for two years. How much interest will be received after two years?
- A laptop charger is sold for Rs.2,540 in cash or for a down payment of Rs.1,340 in cash together with Rs.1,205 to be paid after one month. Find the rate of...
- 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...
- The difference between the interests received when Rs. x is invested in scheme ‘A’ at simple interest for 3 years and at compound interest, compounded annu...
- What will be the compound interest earned after 2 years on a deposit of Rs. 14,000 at an annual interest rate of 30%, compounded annually?
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
