Question
The interest received on investing Rs. 12,000 for 4 years at simple interest of 'y%' p.a. is Rs. 4,800. Find the total amount received on investing Rs. 8,000 for 2 years at compound interest of 'y%' p.a., compounded annually.
More Simple and compound interest Questions
- Ajay and Vijay jointly invest an amount 'x' in a simple interest scheme for 4 years. Ajay contributes 40% of 'x' at an interest rate of 7% per annum, while...
- A person invests Rs. 800 for 2 years at a simple interest rate of ‘x%’ per annum, Rs. 450 for 4 years at a simple interest rate of (x – 2)% per annum, and ...
- On a certain principal, the difference between compound interest (compounded annually) and simple interest at the same annual rate for 2 years is Rs 72. If...
- Find the compound interest earned on Rs. 35000 at 11% per annum, compounded half yearly, after 1 year.
- "A person 'P' deposited Rs. ‘a’ in SIP 'A' and Rs. ‘b’ in SIP 'B'. He invested in SIP 'A' for 4 years at a simple interest rate of 5% p.a., while in SIP 'B...
- After 2 years, the ratio between the compound interest obtained from scheme A and B is 99:115 respectively. The total initial investment of both of the sch...
- Find the simple interest and amount on Rs 9,000 at 7% per annum for 3 years.
- An amount of Rs. ‘y’ was invested on (R-2)% per annum on simple interest and at the end of 6 years an amount of Rs. 23100 was obtained as an interest. If t...
- The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
- A sum of ₹7500 becomes ₹8850 in 3 years at simple interest. Find the rate of interest per annum.
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
