Question
A farmer borrows ₹50,000 at a simple interest rate of 12% per annum. After how many years will the total interest amount to ₹30,000?
More Simple and compound interest Questions
- A man invested Rs. 25,000 at simple interest of 12% p.a. If he had instead invested the same sum on compound interest of 12% p.a., compounded annually, the...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is invested a...
- Calculate the amount of interest earned on an investment of Rs. 62,500 at an annual compound interest rate of 32%, compounded half-yearly, for a period of ...
- What principal amount, when invested at an annual simple interest rate of 3.6% for 15 years, will generate an interest of Rs. 4,050?
- Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) rd of a ye...
- A took a loan of Rs.5680 at simple interest of 30% p.a. and invested the same money in a scheme at simple interest of 40% p.a. Find the profit earned by A ...
- A certain sum is invested for three years at rate of interest being 25% and it is invested in both simple interest and compound interest (compounded annual...
- A sum of money amounts to Rs. 6800 in 4 years at 9% simple interest per annum. Find the principal and the interest earned.
- Rs.13000 was invested for 2 years in scheme A which offers compound interest at 10% per annum. What approximate interest earned on investing the amount obt...
- A person 'X' borrowed Rs. 4,000 from a bank on simple interest, which is to be repaid in three equal annual installments. The rate of interest charged by t...
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
