4r = 100
⇒ r = 25%
Rate of interest r = 25%
If a principal is getting doubled after 4 years, then calculate the rate of interest. (Hint: Let P = ₹ 100)
Let the principal P = ₹ 100
Given it is doubled after 4 years
i.e. Time n = 4 years
After 4 years A = ₹ 200
∴ A = P + I
A – P = I
200 – 100 = I
After 4 years interest I = 100
I = `"Pnr"/100`
⇒ 100 = `(100 xx 4 xx "r")/100`
4r = 100
⇒ r = 25%
Rate of interest r = 25%
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 7,500 at 5% p.a.
The interest on a certain sum of money is 0.24 times itself in 3 years. Find the rate of interest.
If ₹ 3,750 amount to ₹ 4,620 in 3 years at simple interest. Find:
(i) the rate of interest
(ii) the amount of Rs. 7,500 in `5 1/2` years at the same rate of interest
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.
Vilasrao borrowed Rs. 20000 from a bank at a rate of 8 p.c.p.a. What is the amount he will return to the bank at the end of the year?
Aravind borrowed a sum of ₹ 8,000 from Akash at 7% per annum. Find the interest and amount to be paid at the end of two years
Which among the following rate of interest yields an interest of ₹ 200 for the principle of ₹ 2,000 for one year
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.
Radhika borrowed ₹ 12000 from her friends. Out of which ₹ 4000 were borrowed at 18% and the remaining at 15% rate of interest per annum. What is the total interest after 3 years?
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.