Question
A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
More Simple and compound interest Questions
- A sum is lent on compound interest for 2 years at 9% p.a. If the compound interest on the sum is Rs.2445.3, find the sum.
- Akshay invested Rs. 1050 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
- A sum doubles in eight years at simple interest. In how many years will the sum become five times the original sum?
- In what time will Rs. 45000, at 4% per annum, produce the same interest at Rs.18000 does in 5 years at 8% simple interest?
- Rs. 30,000 invested at simple interest of 8% p.a. yields the same interest after 3 years as Rs. 45,000 when invested at simple interest of 'y%' p.a. yields...
- Simple interest received at the rate of 20% p.a. for 8 years on a principal amount of Rs. 6000 is twice of the simple interest received at 10% p.a. for 6 y...
- Ravi borrowed Rs. 25,000 from a finance company at a simple interest rate of 12% per annum. If he repaid Rs. 28,000 after ‘m’ months, find the value of ‘m’...
- A sum becomes 2.89 times ot itselt in 2 years when invested at compound interest (compounded annually). What is the annual rate of interest?
- At what % of simple interest per annum will Rs. 500 amount to Rs. 610 in five years?
- A sum of money is divided into two parts and invested at simple interest for 3 years. One part is invested at 8% p.a. and the other part at 12% p.a. The to...
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
