Simple and Compound Interest

Interest formulas and applied problems.

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Q1 · Simple and Compound Interest · EASY
A sum of Rs. 8,000 is invested at 10% per annum simple interest for 3 years. What is the total amount received at the end of 3 years?
Q2 · Simple and Compound Interest · MEDIUM
A person invests Rs. 12,000 at 8% per annum compound interest compounded annually. What will be the amount after 2 years?
Q3 · Simple and Compound Interest · HARD
A sum of money becomes Rs. 13,824 in 2 years and Rs. 14,929.92 in 3 years at compound interest compounded annually. What is the rate of interest per annum?
Q4 · Simple and Compound Interest · MEDIUM
What will be the simple interest on ₹8,000 at 12% per annum for 3 years?