App Logo

No.1 PSC Learning App

1M+ Downloads
Ajay received ₹41,160 for lending ₹z for 3 years at the rate of 40% per annum compound interest. What is the value of z (in ₹)?

A15,750

B15,500

C15,250

D15,000

Answer:

D. 15,000

Read Explanation:

image.png

Related Questions:

The simple interest on a sum of money at 10% per annum for 2 years is Rs. 8,100. Compounded annually, what would be the compound interest (in Rs.) on the same sum for the same period at the same rate of interest?
Swara deposited ₹75,000 with a finance company for 3 years at an interest of 12% per annum, compounded annually. What is the compound interest that Swara gets after 3 years?
The difference between simple interest and compound interest on Rs. 2,500 for 2 years at 6% per annum is :
2500 രൂപ 6% പലിശനിരക്കിൽ രണ്ടുവർഷത്തേക്കുള്ള സാധാരണ പലിശയും കൂട്ടുപലിശയും തമ്മിലുള്ള വ്യത്യാസം എത്ര?
20000 രൂപയ്ക്ക് 10% നിരക്കിൽ രണ്ടുവർഷത്തേക്കുള്ള കൂട്ടുപലിശ എത്ര?