Question
A certain sum of money yields Rs. 8,334 as compound interest for 3 years at 15% per annum. Calculate the approximate compound interest on the same amount of sum for 4 years at 10 % per annum.
More Compound Interest Questions
- A sum of ₹20,000 is invested at an annual interest rate of 10% compounded half-yearly. What will be the total amount after 2 years?
- A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And invest...
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- What is the compound interest on a sum of Rs 12,000 for 2(5/8) years at 8% p.a., when the interest is compounded annually? (nearest to a rupee)
- CI (compounded yearly) exceeds SI on a sum for 2 years at 8% p.a. by Rs. 160. Find the sum.
- A sum of ₹10000 is invested at compound interest for 2 years. If the interest rate is 5% per annum, what is the total amount after 2 years?
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