The difference between simple and compound interest compounded annually on a certain sum of money for $2$ years at $4 \%$ per annum is ₹ $8$. The sum is (In ₹)

  • A

    $10000$

  • B

    $20000$

  • C

    $5000$

  • D

    $15000$

Similar Questions

On a certain sum of money, the simple interest for $2$ years is ₹ $200$ at the rate of $7 \%$ per annum. Find the difference in $C I$ and $S I .$ (In ₹)

Amit invested an amount of $Rs. 25000$ in fixed deposit @ $C.I.$ $8 \%$ per annum for $2$ $years$. What amount (In $Rs.$) Amit will get

The least number of complete years in which a sum of money put out at $20 \%$ compound interest will be more than doubled is

Monica deposited a total of $Rs. 10500$ with a bank in two different deposit schemes at $10 \%$ $p.a.$, interest being compounded annually. As per the schemes, she gets the same amount after $2 \,years$ on the first deposit as she gets after $3 \,years$ on the second deposit. How much money (In $Rs.$) did she deposit for $3 \,years$?

What will be $C.I.$ (In $Rs.$) on an amount of $Rs. 10000$ at the rate of $20$ $p.c.p.a.$ in two years if the interest rate is compounded half yearly?