Difference between the compound interest and the simple interest accrued on an amount of Z 18000, in two years was ?405 What was the rate of interest p.c.p.a?
Cannot be determined
None of these
The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:
Mr. Amin borrowed some money from Mr Vishwas. The of interest for first two years is 8% p.a., for the next tit years is 11 % p.a. and for the period beyond 5 years I p.a. Mr Vishwas got an amount of 210920 as an intere the end of eight years. Then what amount was borrowed MrAmin?
The simple interest accrued on a sum of certain principal is Rs. 2,000/- in five years at the rate of p.c.p.a. What would be the compound interest accrued on a principal at same rate in two years?
Raviraj invested an amount of ?10,000 at compound interest of 10 pcpa for a period of three years. How much amount, Raviraj get after three years?
What will be the simple interest accured on a sum of Rs. 5,224 at a rate of 5 p.c.p.a. in 5 years?
None of these
What would be the compound interest obtained on an amount of rs 8,800/- at the rate of 16 p.c.p.a. after 2 years?
There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is: