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
No.1 PSC Learning App
★
★
★
★
★
Related Questions:
If a person deposits Rs. 7500 in a bank with 4% annual compound interest , then the amount of interest (in rupees) after 2 years is :
On certain sum of money, the compound interest for 2 years is Rs.304.5 and the simple interest for the same period is Rs.290. Find the rate of interest per annum :
The simple interest on a certain sum of money invested at a certain rate for 2 years amounts to Rs.
1200. The compound interest on the same sum of money invested at the same rate of interest for 2 years
amounts to Rs. 1290. What was the principal?
A sum of money placed at compound interest becomes four times itself in 2 years. In how many years will it amount to eight times itself?
Find the compound interest on an amount of ₹24,000 after three years, when compounded annually at the rate of 15% per annum.