Question
A sum of money will amount to Rs. 640 in 2 year & in 3 year it is to be 720 in compound interest . Find the rate of interest?
More Simple and compound interest Questions
- A man deposited Rs. 16000 at 10% compound interest, compounded annually while Rs. 14000 at 13% simple interest per annum. What will be the difference betwe...
- A certain amount grows to Rs. 9,240 in 6 years at a simple interest rate of r% per annum. If the rate had been (r + 2)% p.a., the amount would have become ...
- A person invested Rs. ‘x’ in account A and Rs. ‘x/2’ in account B. Account A gives 4% simple interest per annum while account B gives 7%. After 5 years, th...
- A and B started a business with initial investments of Rs. 25000 and Rs. 30000 respectively. After one year, a profit of Rs. 11000 is earned. A being a wor...
- The ratio of the compound interest earned on an amount of Rs. 'p' at an interest rate of 15% per annum for 2 years to the simple interest earned on Rs. (p ...
- The simple interest on a sum of Rs. (6400 + x) invested for 3 years is Rs. 4,800. If the interest rate is 12.5% per annum, find the value of x.
- Simplify and express as a fraction: 1.2 ÷ 0.3 + 0.75
- A man invests a total of ₹50,000 in two schemes A and B. Scheme A offers simple interest at 12% p.a. for 3 years. Scheme B offers compound interest at 10% ...
- A sum of ₹20,000 is invested at 10% per annum compound interest , compounded annually, for 2 years . What is the compound interest earned?
- Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
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