Advertisements
Advertisements
Question
The time period after which the interest is added each time to form a new principal is called the ______.
Advertisements
Solution
The time period after which the interest is added each time to form a new principal is called the conversion period.
APPEARS IN
RELATED QUESTIONS
If Meena gives an interest of ₹ 45 for one year at 9% rate p.a.. What is the sum she has borrowed?
Ahmed Chacha borrowed rupees 25000 at 12 p.c.p.a. for a year. What amount will he have to return to the bank at the end of the year?
Sheela has paid simple interest on a certain sum for 4 years at 9.5% per annum is ₹ 21,280. Find the sum
In what time will ₹ 17800 amount to ₹ 19936 at 6% per annum?
Which among the following is the simple interest for the principle of ₹ 1,000 for one year at the rate of 10% interest 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
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find Interest for 2nd 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 ______.
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?
