The difference between the simple interest and the compound interest (in ₹) on ₹ $600$ for $1$ year at $10 \%$ per annum,reckoned half-yearly is

  • A
    $1$
  • B
    $1.5$
  • C
    $2$
  • D
    None of these

Explore More

Similar Questions

$A$ bank offers $5 \%$ compound interest calculated on a half-yearly basis. $A$ customer deposits $Rs. 1600$ each on $1^{st}$ January and $1^{st}$ July of a year. At the end of the year,the amount (in $Rs.$) he would have gained by way of interest is:

The difference between simple and compound interest compounded annually on a certain sum of money for $2$ years at $4 \%$ per annum is $Rs. 1$. The sum (in $Rs.$) is

Find the compound interest on $Rs. 32000$ at $20 \%$ per annum for $1$ year,compounded half-yearly (in $Rs.$).

The population of a country is $10$ crore and it is expected that the population will become $13.31$ crore in $3$ years. What will be the annual growth rate in percent?

Difficult
View Solution

If the compound interest on a sum for $2$ years at $12 \frac{1}{2} \%$ per annum is ₹ $510$,the simple interest (in ₹) on the same sum at the same rate for the same period of time is

Difficult
View Solution

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo