On what sum of money will the difference between simple interest and compound in

Question

On what sum of money will the difference between simple interest and compound interest for 2 years at 5% per annum be equal to Rs. 63 ?

Options:

A . Rs. 24600

B . Rs. 24800

C . Rs. 25200

D . Rs. 25500

Answer: Option C

Submit Your Solution Below and Earn Points !

Next Question

More Questions on This Topic :

Question 1. A sum of Rs. 5324 is accumulated in 3 years at 10% compound interest, What is the original amount = ?....

Question 2. On a certain sum of money, the simple interest for 2 years is Rs 350 at the rate of 4% per annum. If it was invested at ....duration as before, how much more interest would be earned?

Question 3. The compound interest on a sum of Rs 5000 at 8% per annum for 9 months when interest is compounded quarterly is = ?....

Question 4. The compound interest on a certain sum of money for 2 years at 10% per annum is Rs. 525.The simple interest on the same ....time at half the rate percent per annum is ?

Question 5. If the difference between the compound interest and simple interest on a certain sum at the rate of 5% per annum for 2 y....years is Rs. 20, then the sum is = ?

Question 6. The difference between CI and SI for 3 years Rs. 992. If rate of interest is 10%. Find the Principal ?....

Question 7. The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs....is Rs. 41. What is the sum of money ?

Question 8. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for ....at half the rate percent per annum is = ?

Question 9. Shashi had a certain amount of money. He invested $$\frac{2}{3}$$ of the total money in scheme A for 6 years and rest of....in scheme A and scheme B together ? (Approximate value)

Question 10. The difference between CI and SI on a certain sum of money for 3 years at 5% p.a. is Rs. 122. Find the sum invested = ?....p.a. is Rs. 122. Find the sum invested = ?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0