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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
A sum of money, lent out at simple interest, doubles itself in 8 years. Find :
(i) the rate of interest
(ii) in how many years will the sum become triple (three times) of itself at the same rate percent?
Mahesh deposited rupees 8650 in a bank at a rate of 6 p.c.p.a. How much money will he get at the end of the year in all?
Kisanrao wanted to make a pond in his field. He borrowed rupees 35250 from a bank at an interest rate of 6 p.c.p.a. How much interest will he have to pay to the bank at the end of the year?
Angela deposited 15000 rupees in a bank at a rate of 9 p.c.p.a. She got simple interest amounting to 5400 rupees. For how many years had she deposited the amount?
In What time will ₹ 16,500 amount to ₹ 22,935 at 13% per annum?
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
Gayatri’s income is ₹ 1,60,000 per year. She pays 15% of this as house rent and 10% of the remainder on her child’s education. The money left with her is ______.
The sum which will earn a simple interest of ₹ 126 in 2 years at 14% per annum is ______.
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.
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?
