The difference between compound and simple interest at a certain rate on $Rs. 2000$ at the end of two years is Rs. $12.8 .$ The rate of interest (In $\%$) per annum is
The difference between compound and simple interest at a certain rate on $Rs. 2000$ at the end of two years is Rs. $12.8 .$ The rate of interest (In $\%$) per annum is
- A
$6.8$
- B
$8$
- C
$12.8$
- D
$16.8$
Similar Questions
What would be the compound interest (In $Rs.$) accrued on an amount of $Rs. 7850$ at the rate of $14$ $p.c.p.a.$ in $2$ years?
What would be the compound interest (In $Rs.$) accrued on an amount of $Rs. 7850$ at the rate of $14$ $p.c.p.a.$ in $2$ years?
The compound interest earned by Shivam on a certain amount at the end of $2$ years at the rate of $8 \,p.c.p.a.$ was $Rs. 1414.4 .$ What was the total amount that Shivam got back at the end of $2$ years in the form of principal plus interest earned (In $Rs.$) ?
The compound interest earned by Shivam on a certain amount at the end of $2$ years at the rate of $8 \,p.c.p.a.$ was $Rs. 1414.4 .$ What was the total amount that Shivam got back at the end of $2$ years in the form of principal plus interest earned (In $Rs.$) ?
A sum of money lent at compound interest amounts to ₹ $1460$ in $2$ years and to ₹ $1606$ in $3$ years. The rate of interest (In $\%$) per annum is
A sum of money lent at compound interest amounts to ₹ $1460$ in $2$ years and to ₹ $1606$ in $3$ years. The rate of interest (In $\%$) per annum is
Find the ratio of $S.I. \& C.I.$ on a certain sum of money at $5 \%$ per annum for $2$ years
Find the ratio of $S.I. \& C.I.$ on a certain sum of money at $5 \%$ per annum for $2$ years
What sum of money (In ₹) at compound interest will amount to ₹ $650$ at the end of the first year and ₹ $676$ at the end of the second year?
What sum of money (In ₹) at compound interest will amount to ₹ $650$ at the end of the first year and ₹ $676$ at the end of the second year?