A sum of money becomes Rs. 2000 after 3 years and Rs. 5000 after 6 years on compound interest. The sum is

A sum of money becomes Rs. 2000 after 3 years and Rs. 5000 after 6 years on compound interest. The sum is

1). 800
2). 850
3). 900
4). 950

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Other Questions

1. How much will be the compound interest to be paid on a principal amount of Rs. 53,000 after 2 years at the rate of 4% p.a.?

2. Simple interest on a sum of Rs. 3300 for 5 years is Rs. 1980. What is the annual rate (in percentage) of interest?

3. The simple interest on a certain sum of money for 4 years at 4 per cent per annum exceeds the compound interest on the same sum for 3 years at 5 per cent annum by Rs. 57. Find the sum

4. A bank offers interest at four schemes. According to scheme A, the bank provides a simple interest at the rate of 8% p.a., according to B it offers a CI at 6% calculated annually. Scheme C provides simple interest calculated at 5% calculated semi-annually and according to scheme D, the interest is calculated at 4% calculated semi-annually. In which scheme Mr. X should invest for 4 years to reap maximum benefits?

5. A poor man borrowed Rs. 60000 interest free from a merchant. If he pays back 1.25 percent of this amount quarterly, and has already paid Rs. 15000, then for how many months has he been paying back his loan for the rest of the amount?

6. The difference between the compound interest and the simple interest at the same rate on Rs. 4800 for 2 years is Rs. 192. The rate of interest per annum is –

7. The difference between simple and compound interest on a certain sum of money for 2 years at 4 per cent per annum is Rs. 1. The sum of money is

8. The simple interest accrued on amount of Rs 25,000 at the end of four years is Rs 8000. What would be the compound interest accrued on the same amount in 2 years?

9. If a sum of money compounded annually comes 1.96 times of itself in 2 years, then the rate of interest per annum is

10. The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 18. If the interest were compounded half-yearly, the difference between the interests would be: