Open in App
Solution
Verified by Toppr
Interest =P×r×t100 P=principal=Rs. 10000, r=rate=5%, t=time=1 year
Was this answer helpful?
92
Similar Questions
Q
1
A person invested Rs 5,600 at 14% p.a. compounded interest for 2 years. Find the interest for the first year.
View Solution
Q
2
Sunil invested Rs 5,000 for 3 years at a certain rate of interest compounded annually, which at the end of first year amounts to Rs 5,600. The rate of interest p.a. is
View Solution
Q
3
Mr Kumar invested a sum of Rs. 15000 at 6% p.a. simple interest and another amount at 8% p.a. simple interest. The total interest earned at the end of one year on the total amount invested becomes 7% p.a. Find the total amount invested.
View Solution
Q
4
Alpha invested ₹1500 at the rate of 10% interest for one year. Find the interest earned at the end of one year.
View Solution
Q
5
Peter invested an amount of Rs. 12,000 at the rate of 10 % p.a. simple interest and. another amount at the rate of 20 % p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14 % p.a. Find the total amount invested.
View Solution
