Simple & Compound Interest
Practice Questions
A sum was invested on simple interest at a certain rate for 3 years. Had it been invested at 2% higher rate, it would h...
#2A certain sum becomes Rs. 2,356 in 3 years and Rs. 2,660 in 5 years on simple interest. The value of the sum is: ...
#3On compound interest, a certain sum amounts to ₹7350 in 2 years and ₹8575 in 3 years. Find the rate of interest....
#4What sum of money will amount to Rs. 520 in 5 years and to Rs. 568 in 7 years on simple interest? ...
#5If the principal amount is $$ P $$ and the rate of interest is $$ R\% $$ per annum, then what is the difference between...
#6₹2000 amounts to ₹2226.05 in 2 years on compound interest. What is the rate of interest per annum? ...
#7In how many years will a sum placed on compound interest become 8 times itself if it becomes twice in 6 years?...
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