Question
Find the difference between compound interest and simple interest on Rs 5,000 for 2 years at 8% per annum (compounded annually).
More Simple and compound interest Questions
- A sum of Rs. 2100 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
- The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- A sum of Rs.15 is lent to be returned in 16 months installments of Rs.1 each, interest simple. The rate of interest is: -
- The difference between the simple interest for two years and the compound interest for one year on a sum of money is Rs.273. In which compound interest is ...
- A certain sum of money is divided into two parts. I) One part is invested at 20% p.a. compound interest (compounded annually) and the remaining part is in...
- The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
- A sum of Rs 50,000 is partly invested in Scheme A at 8% simple interest per annum and the remaining in Scheme B at 12% simple interest per annum. The t...
- If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
- A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 35...
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
