Numerical Abili...

A sum becomes Rs. 34400 in 6 years on simple interest at the rate of 12 percent per annum. What is the total interest for the 6 years?

In a store, Arun has two options to buy a mobile phone, either he can pay the full amount of Rs. 2,500 or he may buy at an instalment scheme, i.e. Rs. 520 in down payment and four equal instalments, rate of interest being charged at 25% p.a. simple interest. Arun buys a mobile phone on the instalment scheme. What is the monthly instalment for Arun?

What will be the amount due on ₹24,000 in 2 years when the rate of simple interest on successive years is 4% per annum and 5% per annum, respectively?

What sum lent at 10% per annum simple interest would produce Rs. 200 as interest in 8 years?

In 't' years, the simple interest earned on a certain amount at the rate of 10% per annum is 5/8^th of the principal amount. If the rate of interest is made three-fourth of 10% and the simple interest remains the same, which of the following statements is true about the changed value of time?

What is the compound interest (in Rs.) on Rs. 4000 at 10% per annum for  years, when interest is compounded annually ?

A man invests Rs. 5000 in a bond which gives compound interest at 4% per annum during the first year, 5% per annum during the second year and 10% during the third year. How much amount the man will get at the end of third year.

At what rate of compound interest (Compounding annually) per annum will a sum of Rs. 1,000 become Rs. 1,060.90 in 2 years?

If the difference between the compound interest, compounding annually and the simple interest on a certain sum of money at 5% per annum for 3 years is Rs.183, then what is the sum of money invested?

Shyam wants to deposit Rs. 5000 for three years. The compound interest rate received for these years will be 20%, 30% and 10% respectively, then find the amount he will get at the end.