$$ {A=P{(1+{r\over 100}})}^{t}$$
Putting the value we can get answer
A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)?
922 060fe348f3c8ced168c73d0f8A sum borrowed under compound interest doubles itself in 10 years. When will it become fourfold of itself at the same rate of interest?
917 0605af466c5c99d2cb7f43d52On a certain sum of money, the difference between the compound interest for a year, payable half yearly, and the simple interest for a year is Rs. 56.If the rate of interest in both the cases is 16 %, then the sum is
916 05f169bc49a713b0717cce1feThe difference between the simple interest and the compound interest (compounded annually) at the rate of 12% per annum on Rs.5000 for 2 years will be
916 05ec5f75a0d983803ea4e50aa