# Recent questions tagged simple-compound-interest

1 vote
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1
Bank $\text{A}$ offers $6 \%$ interest rate per annum compounded half yearly. Bank $\text{B}$ and Bank $\text{C}$ offer simple interest but the annual interest rate offered by Bank $\text{C}$ is twice that of Bank $\text{B}.$ ... same amount in Bank $\text{A}$ for one year. The interest accrued, in $\text{INR},$ to Rupa is $3436$ $2436$ $2346$ $1436$
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2
Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are $₹ \; 806.25$ and $₹ \; 866.72,$ respectively, the interest accrued, in $\text{INR},$ during the fourth year is nearest to $934.65$ $929.48$ $926.84$ $931.72$
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3
A person invested a certain amount of money at $10\%$ annual interest, compounded half-yearly. After one and a half years, the interest and principal together became $\text{Rs} \; 18522.$ The amount, in rupees, that the person had invested is
1 vote
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4
For the same principal amount, the compound interest for two years at $5\%$ per annum exceeds the simple interest for three years at $3\%$ per annum by $\text{Rs } 1125.$ Then the principal amount in rupees is
1 vote
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5
Veeru invested Rs $10000$ at $5\%$ simple annual interest, and exactly after two years, Joy invested Rs $8000$ at $10\%$ simple annual interest. How many years after Veeru’s investment, will their balances, i.e., principal plus accumulated interest, be equal?
1 vote
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6
Amal invests Rs $12000$ at $8\%$ interest, compounded annually, and Rs $10000$ at $6\%$ interest, compounded semi-annually, both investments being for one year. Bimal invests his money at $7.5\%$ simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is ______
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7
Gopal borrows Rs. $\text{X}$ from Ankit at $8\%$ annual interest. He then adds Rs. $\text{Y}$ of his own money and lends Rs. $\text{X+Y}$ to Ishan at $10\%$ annual interest. At the end of the year, after returning Ankit's dues, the net interest ... the net interest retained by him would have increased by Rs. $150$. If all interests are compounded annually, then find the value of $\text{X+Y}$.
2 votes
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8
John borrowed Rs.$2,10,000$ from a bank at an interest rate of $10\%$ per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one ... principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is ________
1 vote
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9
A person invested a total amount of Rs $15$ lakh. A part of it was invested in a fixed deposit earning $6\%$ annual interest, and the remaining amount was invested in two other deposits in the ratio $2:1$, earning annual interest at the rates of $4\%$ and $3\%$, respectively. If the total annual interest income is Rs $76000$ then the amount (in Rs lakh) invested in the fixed deposit was _______
1 vote
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10
If the population of a town is $p$ in the beginning of any year then it becomes $3+2p$ in the beginning of the next year. If the population in the beginning of $2019$ is $1000$, then the population in the beginning of $2034$ will be $(997)2^{14}+3$ $(1003)^{15}+6$ $(1003)2^{15}-3$ $(997)^{15}-3$
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11
A person closes his account in an investment scheme by withdrawing $\text{Rs.}\; 10,000$. One year ago he had withdrawn $\text{Rs.}\; 6000$. Two years ago he had withdrawn $\text{Rs.}\; 5000$. Three years ago he had not withdrawn any money. How much money had he deposited ... annual simple interest is $10\%?$ $\text{Rs.}\; 15600$ $\text{Rs.}\; 16500$ $\text{Rs.}\; 17280$ None of these.
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