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Simple interest on a certain sum of mone...

Simple interest on a certain sum of money for 4 years at 4% per annum exceeds the compound interest on the same sum for 3 years at 5 percent per annum by Rs 228. Find the sum.

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The correct Answer is:
Rs 96,000
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ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(B)
  1. The difference between simple interest and compound interest on a cert...

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  2. A sum of money, invested at compound interest, amounts to Rs 19,360 in...

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  3. A sum of money lent out at C.I. at a certain rate per annum becomes th...

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  4. On what sum of money will compound interest (payable annually) for 2 y...

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  5. Kamal and Anand each lent the same sum of money for 2 years at 5% at s...

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  6. Simple interest on a sum of money for 2 years at 4% is Rs 450. Find co...

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  7. Simple interest on a certain sum of money for 4 years at 4% per annum ...

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  8. Compound interest on a certain sum of money at 5% per annum for two ye...

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  9. A certain sum of money amounts to Rs 23,400 in 3 years at 10% per ann...

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  10. Mohit borrowed a certain sum at 5% per annum compound interest and cle...

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  11. The difference between simple interest and compound interest on a cert...

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  12. A sum of money, invested at compound interest, amounts to Rs 19,360 in...

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  13. A sum of money lent out at C.I. at a certain rate per annum becomes th...

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  14. On what sum of money will compound interest (payable annually) for 2 y...

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  15. Kamal and Anand cach lent the same sum of money for 2 years at 5% at s...

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  16. Simple interest on a sum of money for 2 years at 4% is Rs 450. Find co...

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  17. Simple interest on a certain sum of money for 4 years at 4% per annum ...

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  18. Compound interest on a certain sum of money at 5% per annum for two ye...

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  19. A certain sum of money amounts to Rs 23,400 in 3 years at 10% per ann...

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  20. Mohit borrowed a certain sum at 5% per annum compound interest and cle...

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