Raja deposits a sum of Rs 1600, which gave him Rs 252 in 2 years and 4 months. The rate of interest per annum is
A sum of Rs 1600 gives a simple interest of Rs 252 in 2 years and 4 months. What is the rate of simple interest per annum?
Find the simple interest, when:(i) Principal =Rs.2000, Rate of Interest =5% per annum and Time =5 years.(ii) Principal =Rs.500, Rate of Interest =12.5% per annum and Time =4 years.(iii) Principal =Rs.4500, Rate of Interest =4% per annum and Time =6 months.(iv) Principal =Rs.12000, Rate of Interest =18% per annum and Time =4 months.(v) Principal =Rs.1000, Rate of Interest =10% per annum and Time =73 days.
Mrs. Goswami deposited Rs.1000 per month in a recurring deposit account for 3 years. Find the amount payable to him on maturity, if the rate of interest is 8 % per annum.