Mahesh borrowed a certain sum for 2 years at simple interest from Bhim. Mahesh lent this sum to Vishnu at the same rate for 2 years compound interest. At the end of 2 years, Mahesh received 410 rupees as compound interest but paid 400 rupees as a simple interest. Find the sum and rate of interest.

Open in App

Solution

Suggest Corrections

Similar questions

Q. Reena borrowed from Kamila certain sum for two years at simple interest Reena lent this to Hamin at the same rate for two years compound interest At the end of two years she received Rs 110 as compound interest but paid Rs 100 as simple interest Find the sum and rate of interest

The simple interest on a certain sum for three years is rupees 225 and the compound interest on the same sum at the same rate for 2 years is rupees 153 find the rate of interest and the principal

Simple interest on a sum of money for 2 years at 4 % is rupees 450. find compound interest on the same sum at the same rate for 2 years.

Q. A certain sum of money amounts to ₹ 522 rupees in 2 years and ₹558 rupees in 3 years lent at simple interest. Find the sum and rate of interest.

A person lent out 16000 rupees on simple interest and the same sum on compound interest for 2years at 12 1/2%per annum. Find the ratio of the amounts received by him as interests after two years.

Join BYJU'S Learning Program