Question
A person invested Rs. 75,000 at an annual compound interest rate of 12%, compounded annually for 12 months. How much more profit would he have earned if the interest had been compounded semi-annually instead of annually?
More Simple and compound interest Questions
- Piyush initially took a loan from Vivek at a simple interest rate of 8% per annum, and after a duration of two years, he repaid the borrowed amount. Subseq...
- In what time will Rs. 15000 amount to Rs. 19965 @ 10% compound interest?
- Varun borrowed Rs. 4000 at R% S.I. and Rs. 6000 at (R + 5)% S.I. for 3 years. The total simple interest paid was Rs. 2550. Find the rate on Rs. 6000.
- Aman invested 20% of an amount, denoted as Rs. 'P', in a compound interest scheme with an annual interest rate of 10%, compounded annually. After 2 years, ...
- Riya deposited Rs. x in a savings account that gives 10% p.a. simple interest. If she received Rs. ‘1.5x – 1200’ as interest after 8 years, find x.
- A sum of money grows to Rs. 2,800 in 3 years and Rs. 3,280 in 5 years under simple interest. What is the original principal amount?
- A person invested ₹15,000 in two schemes, Scheme A offering 10% per annum simple interest, and Scheme B offering 12% per annum simple interest. If the tota...
- The difference between the compound interest compounded annually and simple interest of a sum at 6% p.a. for 2 years is Rs. 36. Find the sum.
- At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
- Question 10
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
