The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is --------------------
Showing posts with label time and money. Show all posts
Showing posts with label time and money. Show all posts
Friday, April 18, 2014
compound interest
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is...................................
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compound interest
The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
compound interest
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. What is the sum?
Monday, October 21, 2013
Time and Money
A man invested Rs. 3300 in a bank
on simple interest for 2 years at 5% p.a. Had the man invested the same
principal at the same rate of interest for the same period compounded annually,
what would be the percentage
increase in the interest earned?
Monday, July 29, 2013
time and money ICSE 1996
A man borrows, Rs 5800 at 12%per annum compound interest. He
repays Rs 1800 at the end of every 6 months. Calculate the amount
outstanding at the end of third payment. Give your answer in nearest Re.
ICSE 1996
Sunday, July 28, 2013
time and money
On a certain sum of money, the difference between the compound interest for a year, compounded half yearly, and the simple interest for a year is Rs 180. Find the sum lent out, if the rate of interest in both the cases is 10%.
Saturday, July 27, 2013
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