Question
An amount of Rs. 12,000 invested at simple interest for 4 years becomes Rs. 17,280. Calculate the annual rate of interest.
More Simple and compound interest Questions
- A sum of Rs. 3200 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
- A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
- The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simple ...
- An individual, "Y," invests Rs. 24,000 in each of two SIPs: "A" and "B." SIP "A" provides compound interest at an annual rate of "r%" for 2 years, compound...
- At what rate percent compounded yearly will Rs. 5000 amount to Rs 5408 in 2 yrs?
- A sum is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtained ...
- A sum of Rs 10,000 is invested at r% per annum. The simple interest for 2 years is Rs 1,600. Find (a) the rate of interest, and (b) the compound amount a...
- Akshay invested Rs. 2240 in two schemes P and Q in the respective ratio of 9:7. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
- A sum of Rs. 20000 earns compound interest at 9% per annum, compounded half yearly. Find the total interest at the end of one year.
- If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
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
