Question
The compound interest received on investing Rs. 4500 for 2 years at compound interest of 20% p.a compounded annually is how much percentage more than the simple interest received on investing Rs. 3300 for 2 years at simple interest of 20% p.a?
More Simple and compound interest Questions
- A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 year...
- A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity. What was the sun invested in?
- Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 years ...
- Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is the differ...
- A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.
- A person invests Rs. 2,400 at simple interest and receives Rs. 288 as interest in 1 year and 8 months. What is the rate of interest per annum?
- The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 25% p.a. for 2 years, is Rs. 150. If Rs. (P...
- If Rs. 25,000 is loaned at a compound interest rate of 50% per annum, and the interest is compounded once every year, what will the amount be after 2 years...
- What is the Simple Interest earned on Rs.2400 in 4 years 6 months at the rate of 4.5% per annum?
- Mr. X invested Rs. 600 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 16% per annum and ...
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
