Question
A sum was put at simple interest. The amount after 4 years became (96/80) times the amount it had become in 2 years. What is the annual rate of interest?
More Simple and compound interest Questions
- The difference between compound interest and simple interest at the same rate for Rs. 1200 for 2 years is Rs. 48. The rate of interest per annum is:
- Anuj invested Rs. ‘x’ at simple interest of 15% p.a. and Anil invested Rs. (x + 500) at simple interest of 10% p.a. If at the end of 2nd year, sum of inter...
- Find the simple interest on Rs 3,000 at 6% per annum for 4 years. Also find the amount.
- Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
- If the simple interest on a certain sum of money for 15 months at 3(1/2)% per annum exceeds the simple interest on the same sum for 9 months at 2(1/2)% per...
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 6 years and that for 14 years?
- A man invested certain sum at simple interest of r% p.a. such that it amounts to 110% of itself in 4 years. Find the interest earned when Rs. 3400 is inves...
- Deepali invests Rs. 8,300 at a simple interest rate of 4% per annum for 6 years. The total amount she receives is Rs. '2k'. What is the product of the digi...
- Mr. P invested Rs. ‘8x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in sche...
- If you invest Rs. 5,000 in a fixed deposit account with an annual interest rate of 8%, compounded annually, how much money will you have after 3 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
