- Interest compounded half-yearly included.
- Using the formula to find one quantity given different combinations of A, P, r, n, CI and SI; difference between CI and SI type included.
- Rate of growth and depreciation
Note: Paying back in equal installments, being given rate of interest and installment amount, not included.
The simple interest on a certain sum in 2 years is Rs 1,300, whereas the compound interest on the same sum at the same rate and for the same time is Rs 1,365. Find the rate per cent and the sum.
The simple interest and the compound interest on a certain sum of money for 2 years at the same rate of interest are Rs 8,000 and Rs 8,640 respectively. Calculate the rate of interest and the sum.
Find the difference between the compound interest and the simple interest in 2 years on Rs 5,000 at 8% p.a. compounded annually.
Find the difference between the compound interest and the simple interest in 3 years on Rs 15,000 at 8% p.a. compounded yearly.
Anand borrows Rs 20,000at 9 % p.a. simple interest for 3 years. He immediately gave it to Prakash at `8 1/2 %` p.a. compound interest compounded annually.
Find Anand's loss or gain.
Meera borrowed Rs 35,000 at 12.5% p.a. simple interest for 3 years. She immediately gave it to Archana at 12 % p.a. compound interest compounded annually. Find Meera's loss or gain at the end of 3 years.
Calculate the Amount and Cornpound Interest for the Following, when Cornpounded Annually:
Rs 12,000 for 3 years at 15 % p.a.