117

You visited us 117 times! Enjoying our articles? Unlock Full Access!

Finding CI When Rate Compounded Anually or Semi - Anually

The simple in...

Question

The simple interest on a certain sum for 3 years is 2100 and the compound interest on the same sum at the same rate for 2 years is Rs 1449. Find the principal.

P = Rs 10,000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

P = Rs 20,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

P = Rs 50,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

P = Rs 18,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
P = Rs 10,000

Suggest Corrections

Similar questions

3

2

R s . 1200

R s . 832

5 %

2

2

1000

10 %

3200

12000

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

Join BYJU'S Learning Program