Question
Simple interest on a sum for 2 years is Rs. 300 and compound interest for same period is Rs. 315. Find the principal. (Rate of interest is same for both.)
More Simple and compound interest Questions
- A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 5 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- A person lent Rs. 15000 at SI for 2 years at rate 20%. The interest he got again lent at CI for 2 years at rate 10%. Find the amount he got after 2 years.
- Aman invested Rs. 'a' and Rs. (a + 2100) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If SI...
- A man borrowed Rs 300 and promised to pay back in 11 equal instalments of Rs 30 each. Find the rate of simple interest per annum?
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
- Simple interest received at the rate of 20% p.a. for 6 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 y...
- Mr. X invested Rs. 600 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 16% per annum and ...
- Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1300 and Rs. 1...
- The list price of product A is Rs. 80 less than the selling price of product B. The list price of product B is 60% higher than the selling price of product...
- Riya deposited Rs. x in a savings account that gives 10% p.a. simple interest. If she received Rs. ‘1.5x – 1200’ as interest after 8 years, find x.
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
