Advertisements
Advertisements
प्रश्न
Simple interest on a given amount is always less than or equal to the compound interest on the same amount for the same time period and at the same rate of interest per annum.
विकल्प
True
False
Advertisements
उत्तर
This statement is False.
Explanation:
For 1 yr, the simple interest and compound interest for same amount on same rate of interest are equal.
But for 2 yr, the simple interest is less than the compound interest for same amount on same rate of interest.
APPEARS IN
संबंधित प्रश्न
Find the interest and the amount on:
₹ 4,000 in `1 1/3` years at 2 paise per rupee per month.
Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum.
John lent Rs. 2550 to Mohan at 7.5 percent per annum. If Mohan discharges the debt after 8 months by giving an old black and white television and Rs. 1422.50; find the price of the television.
At a rate of 10 p.c.p.a., what would be the interest for one year on rupees 6000?
Ahmed Chacha borrowed rupees 25000 at 12 p.c.p.a. for a year. What amount will he have to return to the bank at the end of the year?
Which among the following rate of interest yields an interest of ₹ 200 for the principle of ₹ 2,000 for one year
In how much time will the simple interest on ₹ 3,000 at the rate of 8% per annum be the same as simple interest on ₹ 4,000 at 12% per annum for 4 years?
Amount received after depositing ₹ 800 for a period of 3 years at the rate of 12% per annum is ₹ 896.
₹ 6400 were lent to Feroz and Rashmi at 15% per annum for `3 1/2` and 5 years respectively. The difference in the interest paid by them is ₹ 150.
The simple interest on a certain sum for 2.5 years at 12 per cent per annum is ₹ 300 less than the simple interest on the same sum for 4.5 years at 8 per cent per annum. Find the sum.
