A sum of money, invested at compound int...

A sum of money, invested at compound interest, amounts to Rs 16,500 in 1 year and to Rs 19,965 in 3 years. Find the rate per cent and the original sum of money invested.

Text Solution

Verified by Experts

The correct Answer is:

10% and Rs 15,000

Topper's Solved these Questions

COMPOUND INTEREST (USING FORMULA)
ICSE|Exercise EXERCISE 3(E)|24 Videos
COMPOUND INTEREST (USING FORMULA)
ICSE|Exercise EXERCISE 3(C)|20 Videos
COMPOUND INTEREST
ICSE|Exercise TOPIC 2 (4 Marks Questions)|12 Videos
CONSTRUCTION OF POLYGONS
ICSE|Exercise Exercise 15|76 Videos

Similar Questions

Explore conceptually related problems

A sum of money, invested at compound interest, amounts to Rs 19,360 in 2 years and to Rs 23,425.60 in 4 years. Find the rate percent and the original sum of money.

A certain sum of money at compound interset amounts to Rs 6,600 in 1 year and to Rs 7,986 in 3 years. Find the sum and the rate percent.

A certain sum of money, placed out at compound interest, amounts to रु 6,272 in 2 years and to रु 7,024.64 in 3 years. Find the rate of interest and the sum of money.

A sum of money lent out at simple interest amounts to ₹1900 in 1 year and to ₹2800 in 4 year. Find the rate of interest and the sum of money.

A sum of money, invested with simple interest, amounts to ₹23,400 in 5 years and to ₹26,640 in 8 years. Find the sum of money and the rate of interest.

A sum of money, at compound interest, amounts to रु 8,100 in 5 years and to रु 8,748 in 6 years. Find : (i) the rate per cent (ii) amount in 7 years and (iii) amount in 4 years.

A sum of money lent out at simple interest amounts to ₹20,000 in 1 year and to ₹30,000 in 5 years. Find the rate of interest and some of money.

A sum of money lent out at simple interest amounts to ₹7440 in 3 years and to ₹9360 in 7 years. Find the sum of money and the rate of interest.

A sum of money lent out at simple interest amounts to ₹2880 in 2 years and to ₹3600 in 5 years. Find the sum of money and the rate of interest.

ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(D)

The value of an article decreased for two years at the rate of 10% per...
Text Solution
|
According to a census taken towards the end of the year 2009, the popu...
Text Solution
|
The population of a town decreased by 12% during 1998 and then increas...
Text Solution
|
A sum of money, invested at compound interest, amounts to Rs 16,500 in...
Text Solution
|
The difference between C.I. and S.I. on Rs 7,500 for two years is Rs 1...
Text Solution
|
A sum of money lent out at C.I. at a certain rate per annum becomes th...
Text Solution
|
Mr. Sharma borrowed a certain sum of money at 10% per annum compounded...
Text Solution
|
The difference between compound interest for a year payable half-yearl...
Text Solution
|
The ages of Pramod and Rohit are 16 years and 18 years respectively. I...
Text Solution
|
The cost of a machine is supposed to : depreciate each year by 12% of ...
Text Solution
|
The cost of a machine is supposed to : depreciate each year by 12% of ...
Text Solution
|
The value of an article decreased for two years at the rate of 10% per...
Text Solution
|
According to a census taken towards the end of the year 2009, the popu...
Text Solution
|
The population of a town decreased by 12% during 1998 and then increas...
Text Solution
|
A sum of money, invested at compound interest, amounts to Rs 16,500 in...
Text Solution
|
The difference between C.I. and S.I. on Rs 7,500 for two years is Rs 1...
Text Solution
|
A sum of money lent out at C.I. at a certain rate per annum becomes th...
Text Solution
|
Mr. Sharma borrowed a certain sum of money at 10% per annum compounded...
Text Solution
|
The difference between compound interest for a year payable half-yearl...
Text Solution
|
The ages of Pramod and Rohit are 16 years and 18 years respectively. I...
Text Solution
|