Question
What is the difference between the simple interest earned on an investment of Rs. 16,200 for 5.5 years at an annual interest rate of 8%, and the total amount obtained from an investment of Rs. 4,260 at 15% simple interest per annum for 4 years?
More Simple and compound interest Questions
- Rs. 5,100 is invested in three parts all at simple interest of 8% p.a. These three parts are invested randomly for 1 year, 2 years and 5 years such that th...
- A man invested Rs. 10,000 at simple interest of 15% p.a. If he had instead invested the same sum on compound interest of 15% p.a., compounded annually, the...
- A certain amount becomes Rs. 7,680 in 6 years and Rs. 9,120 in 9 years on simple interest. Determine the rate of interest per year.
- The simple interest on a certain sum for 4 years at 10% per annum is Rs 240 less than the compound interest on the same sum for 2 years at 20% per annum. T...
- Find the difference between compound interest and simple interest on Rs 5,000 for 2 years at 8% per annum (compounded annually).
- A sum, when invested at 12(½)% simple interest per annum, amounts to ₹8,250 after 2 years. What is the simple interest?
- Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
- Neha invested Rs. (x + 400) in Scheme A at a simple interest rate of 10% p.a. for 3 years, and she received Rs. 900 as interest. She then invested Rs. 2x i...
- Amit placed an amount 'p' in Fund 'X' that offers a 10% compound interest per annum and also invested Rs. (p + 1000) in Fund 'Y' that offers a 15% simple i...
- A certain sum doubles in 9 years at certain rate of simple interest. The same sum under the same interest rate will become 4 times of itself in how many ye...
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