A man invested $4,800 in a scheme offering compound interest compounded annually. If the difference between the interest earned in the 2nd year and the ...
A sum is lent on compound interest for 2 years at 11% p.a. If the compound interest on the sum is Rs.3713.6, find the sum.
Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the i...
Mohan invests ₹8,000 each in two different schemes, 'A' and 'B', for a duration of 2 years. Scheme 'A' provides compound interest at an annual rate of...
A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded ann...
A man invested a certain amount of sum at 11% per annum simple interest and earned an interest of Rs. 2200 after 2 years. If the same amount is i...
The interest received by investing Rs. 1000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 4 years at simple int...
Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 y...
Soham invested Rs. 32,000 partly in schemes ‘I’ and ‘J’ for 4 years and 6 years, respectively. Scheme ‘I’ offers simple interest at 18% per ...
A sum of money doubles itself in 8 years at simple interest. In how many years will it become four times itself at the same rate of interest?