The difference between compound interest...

The difference between compound interest for a year payable half-yearly and simple interest on a certain sum of money lent out at 10% for a year is Rs 15. Find the sum of money lent out.

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The correct Answer is:

Es 6,000

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

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