SI and CI calculations.
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Q1 · Simple and Compound Interest · EASY
A sum of Rs 8000 is invested at 5% 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 borrows Rs 15000 at 8% per annum simple interest. If he repays Rs 4800 as interest, for how many years did he borrow the money?
Q3 · Simple and Compound Interest · MEDIUM
What sum of money will amount to Rs 8820 in 2 years at 5% per annum compound interest, compounded annually?
Q4 · Simple and Compound Interest · MEDIUM
The difference between compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs 50. Find the principal amount.
Q5 · Simple and Compound Interest · HARD
A sum of Rs 12000 is invested partly at 8% per annum simple interest and partly at 10% per annum simple interest. If the total interest after 1 year is Rs 1080, how much was invested at 8%?