The difference between the compound and simple interest on a sum of money for $2$ years at $6 \frac{1}{4} \%$ per annum is $Rs. 10$. The sum (in $Rs.$) is

  • A
    $2000$
  • B
    $2200$
  • C
    $2560$
  • D
    $2600$

Explore More

Similar Questions

$A$ man borrows ₹ $4000$ from a bank at $7 \frac{1}{2} \%$ compound interest. At the end of every year,he pays ₹ $1500$ as part repayment of the loan and interest. How much does he still owe to the bank after three such instalments (in ₹)?

The difference between the simple and compound interest on a certain sum of money for $2$ years at $4 \%$ per annum is $Rs. 4$. Find the sum (In $Rs.$)?

Divide $Rs. 2602$ between $X$ and $Y$,so that the amount of $X$ after $7 \,yr$ is equal to the amount of $Y$ after $9 \,yr$,the interest being compounded at $4 \%$ per annum.

Difficult
View Solution

The compound interest on a sum of money for $3$ years at $5 \%$ per annum is ₹ $1324.05$. What is the simple interest (in ₹)?

There is a $60 \%$ increase in an amount in $6$ years at simple interest. What will be the compound interest (in $Rs.$) on $Rs. 12,000$ after $3$ years at the same rate?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo