What is the difference between the simple and the compound interest (In ₹) on ₹ $7,300$ at the rate of $6$ $p.c.p.a.$ in $2$ years?
$29.37$
$26.28$
$31.41$
$23.22$
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 ₹)
A sum of ₹ $1260$ is borrowed from a money lender at $10 \%$ p.a. compounded annually. If the amount is to be paid back in two equal annual instalments, find out the annual instalment (In ₹).
What sum will amount (In ₹) to ₹ $15916.59$ in $3$ years at compound interest, the interest for first, second and third year being $3,2$ and $1$ per cent, respectively?
A certain sum of money (In $Rs.$) gives $Rs. 500$ at $5 \%$ S.I. for 1 year. What is the $C.I.$ at the same rate at the end of $2$ years?
The difference between the simple interest and the compound interest (In ₹) on ₹ $600$ for $1$ year at $10 \%$ per annum, reckoned half-yearly is