Question
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 interest?
More Simple and compound interest Questions
- The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs. 12...
- Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the inte...
- Simple interest on a certain sum at the rate of (50/3)% per annum for three years is Rs. 1250. Find the sum.
- Priya lent Rs. 10,000 to her colleague at a compound interest rate of 'a%' per annum, compounded annually. A year later, the colleague paid back Rs. 10,800...
- A sum of ₹12,000 is invested at 8% per annum simple interest for 3 years. What will be the interest earned?
- The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest pa?
- Rina lent Rs. 18,000 to her brother at a compound interest rate of 'y%' per annum, compounded annually. After one year, her brother paid her Rs. 19,440 to ...
- Aman invested a total of Rs. 85,000 in two schemes—one offering 12% annual compound interest and the other offering 14% annual simple interest. If the tota...
- Sneha invested Rs. 2700 at 15% p.a. for 2 years and Gopal invested Rs. 3600 for 1.5 years at 18% p.a. Find how much more interest Sneha received than Gopal...
- 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?
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