Home
Class 6
MATHS
Principal =Rs. 25000. Amount after 2 yea...

Principal =Rs. 25000. Amount after 2 yeaRs. is Rs. 30000. Find the rate of interest per annum.

Text Solution

Verified by Experts

Interest=Amount-Principal
`=Rs.(30000-25000)=Rs.5000`
Rare of interest`=(5000)/(25000)xx100%=20%`
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGES AND THEIR APPLICATIONS

    PEARSON IIT JEE FOUNDATION|Exercise Very Short Answer Type Questions|33 Videos
  • PERCENTAGES AND THEIR APPLICATIONS

    PEARSON IIT JEE FOUNDATION|Exercise Short Answer Type Questions|26 Videos
  • NUMBERS

    PEARSON IIT JEE FOUNDATION|Exercise CROSSWORD|1 Videos
  • RATIO AND PROPORTION

    PEARSON IIT JEE FOUNDATION|Exercise Crossword|1 Videos

Similar Questions

Explore conceptually related problems

The amount of simple interest on a deposit of Rs 8, 500 for 3 years is Rs 2,040. Find the rate of interest per annum.

If Meenakshee pays an interest of Rs. 1500 for 4 years on a sum of Rs. 2500, find the rate of interest per annum(p.a.)

A sum of Rs. 2400 amount to Rs. 2646 in 2 years. Find the rate of compound interest per annum?

The difference between CI and SI on an amount of Rs. 15625 for 2 years is Rs. 625. What is the rate of interest per annum?

If a certain sum on compound interest becomes Rs. 2000 in 2 years and Rs. 2200 in 3 years, find rate of interest per annum

A sum of money amounts to Rs 10000 after 5 years and Rs 15000 after 8 years at the same rate of simple interest. Find the rate of interest per annum

A sum of money at compound interest amounts to Rs. 4050 in one year and to Rs. 4723.92 in 3 years. Find the rate of interest per annum.