Question
What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
More Simple and compound interest Questions
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- If the ratio of the sum invested and simple interest received after 1 year is 25:7 respectively, then find the rate of interest.
- The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
- Amit invested an amount in Fund 'P', which provides compound interest at a rate of 'r'% per annum, compounded annually. He invested the same amount in Fund...
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- A sum of Rs 10,000 is deposited at 9% simple interest per annum. What will be the amount after 3.5 years?
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Year ∴ Simple Interest =