Question
Rohit deposited Rs. ‘x’ in a bank at 8% compound interest per annum for 3 years, compounded annually. If he earned an interest of Rs. 2,597.12, find the value of ‘x’.
More Simple and compound interest Questions
- Pawan invested Rs. 1200 for 4 months, Qureshi invested Rs. 1600 for 6 months, and Raju invested Rs. 2000 for 12 months in a business. By what percentage is...
- Maya had Rs. 12000 with her. She invested 30% of the sum at 8% p.a. and the rest at 18% p.a., both at simple interest for 5 years each. Find the total inte...
- A sum of money placed at simple interest becomes Rs. 14,400 in 4 years and Rs. 18,000 in 7 years. What is the initial amount invested?
- A certain sum gives the interest equals to 3/5th of the sum when invested for 5 years at simple interest. Find the rate of simple interest.
- A sum when invested at simple interest of 12.5% p.a. amounts to Rs. 10,000 after 2 years. If the same sum was invested at simple interest of 9% p.a. for 4 ...
- A sum of money is invested at a rate of 5% per annum simple interest. If the interest earned in 3 years is ₹900, what is the sum of money invested?
- Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years. F...
- F placed Rs. 10,000 in a compound interest scheme for 2 years at an annual rate of p%. If he received Rs. 3456 as compound interest, calculate the rate of ...
- A person invests Rs. 800 for 2 years at a simple interest rate of ‘x%’ per annum, Rs. 450 for 4 years at a simple interest rate of (x – 2)% per annum, and ...
- What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound 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