HARD
9th ICSE
IMPORTANT
Earn 100

Arun borrows ₹24000 from Bryan at simple interest for 2 years at 5% per annum and immediately lends out this money to for 2 years at 5% p.a. compounded annually. What is Arun's gain in this transaction? 

Important Questions on Compound Interest

HARD
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 21
The difference between CI and SI for 2 years on the same sum at 5% per annum is ₹240. Find the sum. 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 22
The difference between CI and SI on the same sum of ₹8000 for 2 years is ₹20. Find the rate of interest. 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 23
On a certain sum of money, the difference between the CI for a year, payable half-yearly and the SI for a year is ₹120. Find the sum lent out, if the rate of interest in both cases is 10% per annum.
EASY
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 24
On what sum of money will the difference between the compound interest and simple interest for 2 years be equal to ₹ 25 if the  rate of interest charged for both is 5% p.a.? 
 
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 25
Asha invests ₹8000 at a certain rate for 3 years compounded annually. She finds that at the end of one year it amounts to ₹9200. Calculate the rate of interest.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 25
Asha invests ₹8000 at a certain rate for 3 years compounded annually. She finds that at the end of one year it amounts to ₹9200. Calculate the interest accrued in the second year.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 25
Asha invests ₹8000 at a certain rate for 3 years compounded annually. She finds that at the end of one year it amounts to ₹9200. Calculate the amount at the end of the third year.
MEDIUM
9th ICSE
IMPORTANT
ICSE MATHEMATICS CLASS 9>Chapter 2 - Compound Interest>EXERCISE 2A>Q 26
Ranjan invests ₹15,360 for 2 years at a certain rate compounded annually. At the end of one year, it amounts to ₹16320. Calculate the rate of interest.