Question
The difference between compound interest and simple interest at rate of 24% per annum for 2 years is Rs. 288. Find the simple interest obtained on same amount for a period of 2 years at rate of 10% per annum.
More Simple and compound interest Questions
- 'X' invested Rs. 18,000, splitting the amount between two SIPs: 'P' offering 8% per annum simple interest and 'Q' offering 10% per annum compound interest,...
- A sum of ₹10,000 is invested at 6% compound interest per annum for 2 years, compounded annually. What will be the total amount after 2 years?
- The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
- Nikhil invested two amounts, Rs. '2N' and Rs. '3N', at simple and compound interest rates respectively. The first amount, Rs. '2N', was invested at a simpl...
- At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months if the interest is being compounded quarterly? Calculate...
- A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 756. What is 130% of the sum invested?
- A man invested Rs. 20,000 at simple interest of 'x%' p.a. and received Rs. 40,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%' p...
- Mr. X invested Rs. 800 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 6% per annum and 1...
- A certain sum at CI amounts to Rs 1800 in 3 yr and to Rs 2700 in 6 yr. Then the sum is ?
- A person invested ₹15,000 in two schemes, Scheme A offering 10% per annum simple interest, and Scheme B offering 12% per annum simple interest. If the tota...
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
