Advertisements
Advertisements
प्रश्न
Stephen invested ₹ 10,000 in a savings bank account that earned 2% simple interest. Find the interest earned if the amount was kept in the bank for 4 years
Advertisements
उत्तर
Principal (P) = ₹ 10,000
Rate of interest (r) = 2%
Time (n) = 4 years
∴ Simple Interest I = `"Pnr"/100`
= `(10000 xx 4 xx 2)/100`
= ₹ 800
Stephen will earn ₹ 800
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.
Ashok lent out Rs.7000 at 6% and Rs.9500 at 5%. Find his total income from the interest in 3 years.
At a rate of 10 p.c.p.a., what would be the interest for one year on rupees 6000?
Anita takes a loan of Rs. 5,000 at 15% per year as the rate of interest. Find the interest she has to pay at the end of one year.
Amount received on ₹ 3000 for 2 years at the rate of 11% per annum is ______.
Interest on ₹ 12000 for 1 month at the rate of 10% per annum is ______.
The ______ of interest on a sum of ₹ 2000 at the rate of 6% per annum for `1 1/2` years and 2 years is ₹ 420.
Amount received after depositing ₹ 800 for a period of 3 years at the rate of 12% per annum is ₹ 896.
Bhavya earns ₹ 50,000 per month and spends 80% of it. Due to pay revision, her monthly income increases by 20% but due to price rise, she has to spend 20% more. Find her new savings.
The simple interest on a certain sum for 8 years at 12 per cent per annum is ₹ 3120 more than the simple interest on the same sum for 5 years at 14 per cent per annum. Find the sum.
