Question
Rs. 1600 is invested at 5% p.a. on simple interest, while Rs. (1600 –
- A is invested at 10% p.a. on compound interest. If the difference between total compound interest and total simple interest after two years is Rs. 134, then find ‘A’. (Compound interest > simple interest).
More Simple and compound interest Questions
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- A certain sum of money is given at a certain rate for 3 years. Had it been given at 5% higher rate; it would have fetched Rs.600 more. Find the sum.
- A sum of Rs. 6,000 earns Rs. 1,080 as simple interest in 3 years. What will be the simple interest on Rs. 8,000 for 4 years at the same rate?
- Rs.7600 is divided into two parts such that if one part be invested at 4% and the other at 5%, the annual interest from both the investments is Rs. 336. Fi...
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