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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.
पर्याय
True
False
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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.
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संबंधित प्रश्न
Find the interest and the amount on:
₹ 750 in 3 years 4 months at 10% per annum.
Rohit borrowed Rs. 24,000 at 7.5 percent per year. How much money will he pay at the end of the 4th years to clear his debt?
Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum.
The interest on a certain sum of money is 0.24 times itself in 3 years. Find the rate of interest.
At a rate of 10 p.c.p.a., what would be the interest for one year on rupees 6000?
Sheela has paid simple interest on a certain sum for 4 years at 9.5% per annum is ₹ 21,280. Find the sum
Basha borrowed ₹ 8,500 from a bank at a particular rate of simple interest. After 3 years, he paid ₹ 11,050 to settle his debt. At what rate of interest he borrowed the money?
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?
Arun lent ₹ 5,000 to Balaji for 2 years and ₹ 3,000 to Charles for 4 years on simple interest at the same rate of interest and received ₹ 2,200 in all from both of them as interest. Find the rate of interest per year
A memorial trust donates ₹ 5,00,000 to a school, the interest on which is to be used for awarding 3 scholarships to students obtaining first three positions in the school examination every year. If the donation earns an interest of 12 per cent per annum and the values of the second and third scholarships are ₹ 20,000 and ₹ 15,000 respectively, find out the value of the first scholarship.
