Question
Rahul borrowed Rs. 25,000 from City bank at a simple interest of 10% p.a. If he has to repay Rs. 28,750 after ‘p’ months to clear all his debts, find the value of ‘p’.
More Simple and compound interest Questions
- The amount on a certain principal at simple interest is Rs. 6,750 after 2 years and Rs. 9,000 after 5 years. What was the initial sum?
- Vikas borrowed Rs. 10,000 from his friend at compound interest of 20% p.a., compounding annually. He added Rs. 'Z' to this money and lent the total sum to ...
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 3960 as i...
- The simple interest on Rs. 1000 at R% per annum for 2 years is Rs. 160. Calculate the interest on Rs. 1400 at (R + 6)% per annum in 2 years.
- Raju invested a certain sum at 25% p.a. compound interest, compounded annually, and earned an interest of Rs. 2925 in 2 years. What will be the interest wh...
- A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 4 years. If the same sum was invested at compound interest of 20% p.a. for 2 years,...
- Anjali puts Rs. 'a' in plan A and Rs. (a + 300) in plan B, both for 5 years. Plan A gives 9% and plan B offers 6% simple interest. The total interest she e...
- Viraj invested Rs. 3500 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
- A sum amounts to Rs 3900 in 2 years at 15% per annum simple interest. Find the principal.
- Rs. 7550 is invested in scheme ‘A’ for a year at simple interest of 30% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
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
