Home
Class 8
MATHS
Arun deposited 5000 'rupees in-a bank wh...

Arun deposited 5000 'rupees in-a bank which compounds interest half yearly and Mohan deposited the same ạmount in another bank which compounds interest quarterly. The annual rate of interest is 6 % at both the banks. How much more would Mohan get after one year?

Promotional Banner

Similar Questions

Explore conceptually related problems

Anas deposited 20000 rupees in a bank which pays 6 % interest compounded annually. How much would he get back after 3 years?

Babu deposited 25000 rupees in a bank which gives 15 % interest. How much would he get back after two years?

A person took out a Ioan of 16,000 rupees from a bank which charges interest compounded quarterly. The annuál rate of interest is 10 % . How much should he pay back after 9 months to settle the loan?

Suma deposited 25000 rupees in a bank, which gives 11 % interest. How much would she get back after 3 years?

Sumesh deposited 10000 rupees in a bank which gives 5 % interest compounded annually. How much would he get after 2 years?

Sandeep deposited 25000 rupees in a bank which pays 8 % interest compounded annually. How much would he get back after two years?

Ramlat deposits 30000 rupees' in a financial establishment which pay interest at 9 % annual rate, compounded every four months. How much would she get back after one year?

Johny deposited 60000 rupees in a bank, which gives 1 paise interest on one rupee every month. How much would he get back after two years?

Manu deposited 15,000 rupees in a financial establishment which pays interest compounded every 3 months, at 8 % annual rate. How much would he get back after one year?