Recent questions tagged simple-compound-interest

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 offer...

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 ₹ $866.72,$ respect...

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 $\te...

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 $\text{Rs } 1125.$...

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 Veer...

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 inv...

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 y...

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...

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 One year ago he had withdrawn $\text{Rs.}\; 6000$.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 withdraw...