top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

If difference between simple and compound interests (annual) for 4 years at 6.5% is Rs. 1191 then what is the sum?

0 votes
354 views

The difference between simple and compound interests compounded annually on a certain sum of money for 4 years at 6.5% per annum is Rs. 1191. What is the value of the sum?

posted Mar 1, 2017 by anonymous

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer (Check Answer ▼)





Similar Puzzles
0 votes

If difference between simple interest and compound interest of certain sum of money for 3 years at 7.5% per annum is Rs 138.375 then what is the sum?

0 votes

If difference between simple interest and the compound interest on a certain amount of money for 3 years at 10% per annum is Rs. 46.50. Then what is the value of sum?

0 votes

The difference between simple interest and compound interest on a sum for 2 years at 8%, when the interest is compounded annually is Rs.16. If the interest were compounded half yearly, then what would be the difference between simple interest and compound interest for the same sum in 2 years?

0 votes

What is the absolute difference between simple and compound interests compounded annually on 20000 for 2 years at 5% per annum?

...