Question
A certain amount becomes Rs. 7,680 in 6 years and Rs. 9,120 in 9 years on simple interest. Determine the rate of interest per year.
More Simple and compound interest Questions
- The value of an investment at simple interest grows to Rs. 11,200 in 2 years and Rs. 15,200 in 6 years. What was the principal amount?
- 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 ...
- Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Vedan...
- A borrows Rs 8000 from B at 15% p.a compound interest compounded annually. At the end of every year he pays Rs 1500 and at the end of 3rd years he pays all...
- 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...
- A invested Rs. ‘x’ in a scheme offering compound interest of 40% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 17...
- Atul has Rs.300 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 25% p.a. for 5 years. Find the sum of simple interests received ...
- Find the simple interest on Rs 4500 at 8% per annum for 4 years.
- Waqar borrowed Rs. ____ on compound interest at 15% p.a. compounded annually. After __ years, the rate of interest changed to 20%. At the end of 4 years, h...
- The interest received on investing Rs. (6p - 200) on simple interest at 25% p.a. for 2 years is Rs. (2p + 400). Find the ratio (p - 200) :(p + 100)
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