Question
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: -
More Simple and compound interest Questions
- Rahul invested Rs. 2450 at a 40% per annum simple interest rate for 'y' years, and this investment yielded a total amount of Rs. 4410. Find the interest ea...
- B invested Rs. 8000 in a compound interest scheme for 2 years at an annual interest rate of x%. If he received Rs. 3520 as interest, find the rate of inter...
- A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the total ...
- Rama and Dipak each invested a sum of ₹8000 for a period of two years at 15% compound interest per annum. However, while for Rama the interest was compound...
- A person invests ₹8000 in a scheme offering 5% simple interest per annum. After 2 years, the total amount becomes ₹8800. How much interest is earned after ...
- The amount becomes ₹ 1,451.25 in one year on a simple rate of interest. If the rate of interest was 2% higher, the amount would have been ₹ 27 more. What i...
- What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
- 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 is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtained ...
- Karan invested Rs. (x + 500) in a scheme A offering simple interest of 16% p.a., and the interest received after 2 years is Rs. 640. He invested Rs. 2x in ...
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