Puneet and Vimal invested Rs. A and Rs. B in simple and compound interest respectively. The amount invested by Puneet becomes Rs. 26000 in 3 years and that invested by Vimal becomes Rs. 25920 in 3 years. The difference of rate of interests on the investments by Vimal and Puneet is 10%. Ratio of A and B is 4 : 3.
From the given statement which of the following can be determined?
A. Sum of rate of interests on the investments by Vimal and Puneet.
B. Value of A.
C. Value of B.
D. Difference of interest amounts obtained by Vimal and Puneet.
The difference between compound interest and the simple interest on some amount of money lend at a rate of 7% p. a. for 3 years is Rs. 800. What is the approx. principal amount?
A sum of money becomes Rs. 2000 after 3 years and Rs. 5000 after 6 years on compound interest. The sum is
At what rate per annum on simple interest will a sum of money triple itself in 10 years?
1). 20%
2). 17%
3). 22%
4). 15%
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 yeaRs. The sum is:
1). 650
2). 690
3). 658
4). 698