Home
Class 14
MATHS
The simple interest on a certain sum of ...

The simple interest on a certain sum of money invested at a certain rate for 2 yr amounts to Rs.1200. The compound interest on the same sum of money invested at the same rate of interest for 2 yr amounts to Rs.1290. What was the principal?

A

Rs.12000

B

Rs.16000

C

Rs.6000

D

Rs.4000

Text Solution

AI Generated Solution

Promotional Banner

Similar Questions

Explore conceptually related problems

The simple interest on a certain sum of money invested at a certain rate for 2 years amounts to Rs. 1200. The compound interest on the same sum of money invested at the same rate of interest for 2 years amounts to Rs. 1290. What was the principal ? A. Rs. 12000 B. Rs. 16000 C. Rs. 6000 D. Rs. 4000

The simple interest on a sum of money for 3 yr at 6 (2)/(3)% per annum is Rs. 6750. The compound interest on the same sum at the same rate of interest for the same period will be

The compound interest on a certain sum of money invested for 2 years at 5% per annum is Rs. 328. The simple interest on the sum, at the same rate and for the same period will be

If the compound interest on a certain sum of money for 2 years at 4% per annum is Rs.102, then the simple interest on the same sum of money at the same rate and for the same period is:

If the simple interest for a certain sum for 2 yr at 5% pa is ? 200, then what will be the compound interest for same sum for same period and at the same rate of interest ?

The simple interest on a certain sum of money at the rate of 8% p.a. for 9 years is Rs2880. At what rate of interest can the same amount of simple interest be received on the same sum in 6years?