1. Simple interest accrued on an amount in 8 years @ 12 p.c.p.a is Rs 5,520. What is the principal amount ?






Write Comment

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: anil on 05 May 2019 01.26 am
    SI = PRT / 100 Hence, P * 12 *8 / 100 = 5520 P = 5520 * 100 / (12 * 8 ) = 5750
Tags
Show Similar Question And Answers
QA->The difference between compound interest and simple interest for an amount in 2 years is Rs.If the rate of interest is 8%, the amount is :....
QA->An amount becomes Rs.11,300 in 2 years and Rs.12,600 in 4 years. The rate, if calculated at simple interest is :....
QA->At what rate percent of simple interest will a sum of money double itself in 12 years ?....
QA->At what rate percent of simple interest will a sum of money double itself in 12 years?....
QA->What is the simple interest on Rs.8000 at 8% per annum?....
MCQ->What is the rate of interest pcpa ? Statements: I.The difference between the compound interest and simple interest earned in two years on the amount invested is rs 100. II.The amount becomes rs 19,500 in three years on simple interest. III.The simple interest accrued in two years on the same amount at the same rate of interest is 3,000.....
MCQ-> In each of these questions, one question is given followed by data in three statements I, II and III. You have to study the question and the data in statements and decide the question can be answered with data in which of the Statements and mark your answer accordingly.What is the rate of interest p.c.p.a.? Statements: I. Difference between the compound interest and simple interest earned two years on the amount invested is Rs. 100/- II. The amount becomes Rs. 19,500/- in the three years on simple interest. III. Simple interest accrued in two years on the same amount at the same rate of interest is Rs.3,000/-.....
MCQ->What is the rate of interest? I. Simple interest accrued on an amount of Rs. 25,000 in two years is less than the compound interest for the same period by Rs. 250. II. Simple interest accrued in 10 years is equal to the principal.....
MCQ-> Study the following table carefully to answer the questions. Rate of Interest per cent per annum Offered by Five Companies on Deposits Different Schemes Mr. X deposited an amount in Scheme II with Company C for two years. After that he withdrew the amount and reinvested only the principal amount in Scheme IV of Company B for two years. Total amount of simple interest accrued from the two Schemes is Rs.14,800. What was the principal amount?
 ....
MCQ->Mr. ‘X’ invested certain amounts in two different schemes ‘A’ & ‘B’. Scheme ‘A’ offers simple interest at 12 p.c.p.a and Scheme ‘B’ offers compound interest at 10 p.c.p.a Interest accrued on the amount invested is Scheme A in 2 years was Rs. 3, 600 and the total amount invested was Rs. 35,000. What was the interest accrued on the amount invested in Scheme ‘B’ ?....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use
DMCA.com Protection Status Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions