At what rate per cent per annum will ₹ $1000$ amount to ₹ $1331$ in $3$ years? The interest is compounded yearly.

  • A
    $10$
  • B
    $12$
  • C
    $13$
  • D
    None of these

Explore More

Similar Questions

Sita deposited $Rs. 5000$ at $10\%$ simple interest for $2$ years. How much more money (in $Rs.$) will Sita have in her account at the end of $2$ years,if it is compounded semi-annually?

The compound interest on ₹ $30000$ at $7 \%$ per annum is ₹ $4347$. The period (in years) is

Raghu invested a certain sum in Scheme $X$ for $4$ years. Scheme $X$ offers simple interest at $12\%$ per annum for the first two years and compound interest (compounded annually) at $20\%$ per annum for the next two years. The total interest earned by him after $4$ years is $₹ 11016$. What was the sum (in $₹$) invested by Raghu in Scheme $X$?

Aditya invested a certain amount in two different schemes $A$ and $B$. Scheme $A$ offers $S.I.$ at $12$ $p.c.p.a.$ and scheme $B$ offers $C.I.$ at $10$ $p.c.p.a.$ The interest accrued on the amount invested in scheme $A$ in $2$ years was $Rs. 3600$ and the total amount invested was $Rs. 35000$. What was the interest accrued on the amount (in $Rs.$) invested in scheme $B$?

Difficult
View Solution

If the difference between the simple and the compound interest earned on a sum of money at the rate of $5$ $p.c.p.a.$ for $2$ $years$ is $Rs. 16$,find the principal (in $Rs.$).

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