ssc#!#compound interest

What is compound interest

Rs. 2000 was lent at 40% per annum at simple interest for 1 year. If interest on it was at compound interest and compounded quuarterly, then the amount obtained would be ___.

A sum of ₹14000 is lent at compound interest (interest is compounded annually) for 3 years. If the rate of interest is 10%, then what will be the compound interest?

The compound interest on a sum for 5^(th) year is ₹ 7800 and compound interest for sixth year is ₹ 9048 (interest is compounded annually). What is the rate of interest?

A sum of Rs. 3000 is invested on compound interest (compounded anually) at the rate of interest 20% per annum What is the compound interest for 2 years ?