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A man borrows Rs. 2100 and undertakes to pay back with compound interest @ 10% p.a. in 2 equal yearly installments at the end of first and second year. What is the amount of each installment?
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A man borrows Rs. 820 and undertakes to pay back with compound interest @ 5% p.a. in 2 equal yearly instalments at the end of first and second year. What is the amount of each installment?
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A man borrows Rs. 1820 and undertakes to pay back with compound interest @ 20% p.a. in 3 equal yearly installments at the end of first, second and third years. What is the amount of each installment?
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A certain sum is to be divided between A and B so that after 5 years the amount received by A is equal to the amount received by B after 7 years. The rate of interest is 10%, interest compounded annually. Find the ratio of amounts invested by them.
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A father wants to divide Rs. 5100 between his two sons, Mohan and Sohan who are 23 and 24 at present. Divide the amount in such a way that if their shares are invested at compound interest @ 4% p.a. they will receive equal amount on attaining the age of 26 years. Find Mohans share.
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Find the difference between Compound Interest and Simple Interest on Rs. 4000 for 1 year at 10% p.a., if the interest is compounded half-yearly.
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Find the difference between Compounded Interest and Simple Interest on Rs. 1000 for 3 years at 10% p.a., if interest is compounded annually.
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Find the difference between Compound Interest and Simple Interest on Rs. 10000 for 4 years at 10% p.a., if interest is compounded annually
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If Compound Interest on a certain sum for 2 years @ 5% p.a. is Rs. 328, the Simple interest will be ?
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If a certain sum of money invested at a certain rate of compound interest doubles in 6 years. In how many years will it become 8 times?
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