Question
A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment is Rs. 2,500 and Rs. 2,875. Find the rate of interest per annum.
More Simple and compound interest Questions
- The simple interest received after 5 years on Rs. (x + 500) at the rate of 20% p.a. is Rs. (2x – 1500). The amount received on Rs. 3x when invested a...
- A sum becomes 9200 in 3 years and 10400 in 5 years at simple interest. Find the principal.
- A bank offers interest at the rate of 10% per annum, compounded half yearly. Find the interest received at the end of the year on a sum of Rs. 30000.
- Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- A certain amount becomes four times itself when invested at r% per annum simple interest for 12 years. What is the value of r?
- A vessel contains 120 liters of a mixture of milk and water, with 75% of it being milk. If 30 liters of this mixture is replaced by 30 liters of water, wha...
- On a certain sum, the difference between compound interest and simple interest for 2 years at 5% per annum is Rs 50. Find the sum.
- The difference between C.I and S.I on a certain sum for 3 years is Rs. 122 at 5% p.a. Then find the sum? &n...
- A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference betwe...
- A sum when invested at simple interest of 12% p.a. becomes Rs. 2,080 in 5 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
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
