Question
The compound interest (compounded annually) on a certain amount for 2 years is Rs. 2415. If the annual rate of interest is 10%, what is the principal amount?
More Compound Interest Questions
- A sum is invested at 10% per annum compound interest, compounded annually, and amounts to Rs 13,310 at the end of 3 years. Find the principal.
- A sum of money was invested at 10% p.a. compound interest (compounded annually), and it amounted to Rs. 6050 at the end of 2 years. Find the original sum.
- Find the compound interest on ₹8000 at 10% p.a. compounded annually for 2 years.
- The difference between compound interest and simple interest on a sum for 2 years at 10% per annum is 20. Find the principal.
- Find the compound interest on Rs. 5000 at 12% per annum for 2 years, compounded annually.
- Neena invested Rs.15000 in a fixed deposit scheme for 2 yrs at CI of 9% p.a. How much will Neena get on maturity of the fixed deposit?
- Find the compound interest on Rs. 5000 at 8% per annum for 2 years, compounded annually.
- What is the compound interest on ₹10,000 at 10% per annum for 3 years, compounded annually?
- A sum amounts to Rs. 17,280 in 2 years at 20% per annum compound interest, compounded annually. Find the principal.
- Find the compound interest and the amount on Rs 4000 at 5% per annum for 2 years, compounded annually.
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