Question
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
More Simple and compound interest Questions
- A person earns Rs. 240 as compound interest on a sum for 2 years at 3% per annum, compounded yearly. What would be the simple interest on the same amount a...
- What will be the net CI on Rs. 8000 for 4 years at 20% p.a compounded annually?
- A man deposits Rs. 36,000 at a simple interest rate of 25% per annum. What will be the total amount after 30 months?
- The compound interest received on investing Rs. 10,000 for 2 years at 'y'% p.a., compounded annually is Rs. 3,689. The simple interest earned on investing ...
- The simple interest on Rs. 800 at R% per annum for 5 years is Rs. 200. Find the simple interest on Rs. 1200 at (R + 2)% per annum for 3 years.
- The difference between compound interest and simple interest at rate of 10% per annum for 2 years is Rs. 120. Find the simple interest obtained on same amo...
- Rs. (4x + 200) is invested at a simple interest rate of 18% per annum, earning an interest of Rs. 2160 after 4 years. Calculate the interest earned when Rs...
- If the simple interest for 6 years be equal to 60% of the principal. It will be equal to the principal after
- Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 after...
- A person invests ₹40,000 at a simple interest rate of 5% per annum for 2 years and reinvests the total amount, including interest, in a scheme offering com...
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
