Question
Rs. 80Y invested for 6 years at simple interest of 15% p.a., yields an interest of Rs. 4320. If Rs. 100Y is invested for 2 years at compound interest (compounded annually) of 12% p.a., then find the amount received.
More Simple and compound interest Questions
- A sum of money earns Rs.500 as Simple Interest (SI) in 2 years at r% per annum. If the Compound Interest (CI) compounded annually for 2 years is Rs.25 more...
- Ravi invests Rs. 'x' in scheme X and Rs. (x + 600) in scheme Y for 4 years each. Schemes X and Y offer simple interest at 12% p.a. and 8% p.a. respectively...
- Rs. 2500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ ...
- A sum when invested at a certain rate of simple interest becomes 3 times itself in 25 years. Find the rate of interest.
- Suresh earned an interest of Rs. 1032 on principal amount of Rs. 3200 at some rate of compound interest in 2 years. How much more/less interest would he ha...
- 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.
- A shopkeeper marked an article ‘A’ 60% above the cost price and sold it for Rs. 2016 after giving a certain discount while he sold an article &...
- The simple interest on a sum of money for 4 years at 8% per annum is ₹1,280. What will be the compound interest on the same sum at the same rate of interes...
- What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
- Rs. 8000 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 6% p.a. If the inte...
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
