Question
'Iqbal' deposited Rs. 11,200 in a SIP at simple interest of 13% p.a. If he earned Rs. 8,736 as interest, then find the duration (in years) for which the money was invested by him.
More Simple and compound interest Questions
- A certain sum becomes 3.5 times itself in 10 years at simple interest. Find the rate of interest.
- A sum of Rs. 7500 was invested at a certain annual compound interest rate and earned Rs. 1908 in interest over 2 years. What was the annual rate of interes...
- Rajat invested Rs. (P-100) on compound interest at the rate of ‘R’ % per annum compounded annually. Ravi invested Rs. (P+300) on simple interest at the rat...
- The total investment by P and Q is Rs. 7500. P invests his amount at a simple interest rate of 30% per annum for 4 years, while Q invests his amount at a c...
- Rs. (n + 300) invested on simple interest amounts to Rs. 3,000 and Rs. 3,600 in 4 years and 6 years, respectively. Find the value of 'n'.
- 'P' allocated different portions of his savings, totaling Rs. 100,000, to three banks. The first portion was invested in Axis Bank at a simple interest rat...
- Rohit invested a certain amount at the rate of 6 p.c.p.a. and obtained a simple interest of Rs 8,730 at the end of 3 years. What amount of compound interes...
- A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 3 years. If the same amount is invested a...
- A principal amount of Rs. 2,000 earns a simple interest of Rs. 375 in 2 years and 6 months. What is the annual rate of interest?
- Anjali invested Rs. 9,150 at a simple interest rate of 4% p.a. for 5 years. If she receives Rs. '2n' in total, what is the product of all digits in 'n'?
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