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%
The simple interest on a certain sum of money is `3/8` of the sum in `6 1/4` years. Find the rate percent charged.
The interest on a certain sum of money is 0.24 times itself in 3 years. Find the rate of interest.
On what date will ₹ 1950 lent on 5th January 2011 amount to ₹ 2125.50 at 5 percent per annum simple interest?
Which among the following rate of interest yields an interest of ₹ 200 for the principle of ₹ 2,000 for one year
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.
The interest on ₹ 30000 for 3 years at the rate of 15% per annum is ______.
The sum which will earn a simple interest of ₹ 126 in 2 years at 14% per annum is ______.
The interest on ₹ 350 at 5% per annum for 73 days is ₹ 35.
Amount received after depositing ₹ 800 for a period of 3 years at the rate of 12% per annum is ₹ 896.
In how many years will the simple interest on a certain sum be 4.05 times the principal at 13.5 per cent per annum?