ssc#!#COMPOUND INTEREST

Simple Interest|Compound Interest|Question Practice|OMR

The simple interest and compound interest on a certain sum for 2 years are Rs. 800 and Rs. 880 respectively. The rate of interests (in % per annum ) on both the sums is the same. If the interest on the sum lent at compound interest is compounded annually, find the rate of interest ( in % per annum).

The simple interest and compound interest on a certain sum for 2 years are Rs. 2400 and Rs. 2640 respectively. The rates of interests (in % per annum) for both are the same. The interest on the sum lent at compound interest is compounded annually. Find the rate of interest (in % per annum).

What will be the difference between the compound interest (interest is compounded annually) and simple interest on a sum of ₹ 3200 at the rate of 20% per annum for 2 years?

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 ₹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?