Question
A sum when invested at simple interest of 10% p.a. becomes Rs. 1,680 in 4 years. If the same sum was invested at compound interest of 20% p.a. for 2 years, then what would be the amount received?
More Simple and compound interest Questions
- A sum of money amounts to Rs. 5600 in 5 years at simple interest. If the principal is Rs. 4000, find the rate of interest per annum.
- A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.
- A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 756. What is 130% of the sum invested?
- The simple interest on Rs. (6p + 300) at 25% p.a. for 2 years is Rs. (2p + 350). Find the ratio (p - 100) :(p + 50)
- At what annual rate of compound interest (compounded yearly) will Rs 5000 amount to Rs 5832 in 2 years?
- The simple interest on a sum of Rs. (6x + 100) for 4 years at 10% per annum is Rs. 1,200. Find the value of x.
- In how many years will a sum of ₹10,000 become ₹13,310 at 10% compound interest per annum, compounded annually?
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- What will be the net CI on Rs. 8000 for 4 years at 20% p.a compounded annually?
- What would be the annual interest accrued on a deposit of Rs.24,550 in a bank that pays a 22% per annum rate of simple interest?
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