SI, CI and applied interest calculations.
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Q1 · Simple & Compound Interest · EASY
A sum of Rs 8000 is invested at 5% simple interest per annum. What will be the total amount after 3 years?
Q2 · Simple & Compound Interest · MEDIUM
What principal amount will yield a simple interest of Rs 2400 in 4 years at the rate of 6% per annum?
Q3 · Simple & Compound Interest · MEDIUM
A sum of Rs 12000 amounts to Rs 15972 in 2 years when invested at compound interest compounded annually. What is the rate of interest per annum?
Q4 · Simple & Compound Interest · HARD
The difference between compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs 150. What is the principal amount?
Q5 · Simple & Compound Interest · MEDIUM
What is the simple interest on ₹8,000 at 9% per annum for 3 years?