A sum of money is borrowed at C.I. payable annually. The interests for the second and third years are Rs 330 and Rs 363 respectively. Find the sum.
Rs 4000
Rs 3363
Rs 3000
Rs 3330
On a certain sum of money, lent out at C.I., interests for first, second and third years are Rs. 1,500; Rs.1,725 and Rs. 2,070 respectively.
Find the rate of interest for the
(i) second year
(ii) third year.
A sum of money was lent for 2 years at 20% compounded annually. If the interest is payable half-yearly instead of yearly, then the interest is Rs. 482 more. Find the sum.