You deposit $300 in a savings account that pays 4% simple annual interest. Find your account balance after 9 months.
A = P + Prt
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An article costs Rs 50 presently. The rate of inflation is 300%. What will be cost of this article after two years?
A = P(1 + r/100)n ⇒50(1 + 300/100)2 ⇒50(4)2 ⇒800
At what rate of compound interest per annum will a sum of Rs 20000 become Rs 23328 in 2 years?
The compound interest earned in two years at 12% per annum is Rs 10176. What is the sum (in Rs) invested?
What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?
A certain sum when invested at 5% interest compounded annually for 3 years yields an interest of Rs.2522. Find the Principal?
If sum of Rs.1000 amount to Rs.1331 in 3 years, compounded annually. Then, find the rate of interest per annum?
Find the compound interest on Rs. 62500 at 21% per annum for 1.5 years.
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