Simple & Compound Interest
SI, CI compounded annually/half-yearly.
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Take a full mock →Q1 · Simple & Compound Interest · EASY
A sum of ₹8000 is invested at 10% simple interest per annum. What is the total amount received after 3 years?
Q2 · Simple & Compound Interest · MEDIUM
A sum amounts to ₹7200 in 2 years and ₹7680 in 3 years at simple interest. What is the principal amount?
Q3 · Simple & Compound Interest · MEDIUM
A sum of ₹10,000 is invested at 20% compound interest per annum, compounded half-yearly. What is the amount after 1 year?
Q4 · Simple & Compound Interest · HARD
A man borrows ₹15,000 at 12% compound interest per annum. If he repays ₹6000 at the end of the first year and ₹7200 at the end of the second year, how much must he pay at the end of the third year to clear the entire debt?
Q5 · Simple & Compound Interest · EASY
A sum of money amounts to ₹6,720 in 2 years and ₹7,056 in 3 years at simple interest. What is the principal amount?