Mathematics
A sum of money let out at C.I. at a certain rate per annum becomes three times of itself in 8 years. Find in how many years will the money become twenty-seven times of itself at the same rate of interest p.a.
Related Questions
Compound interest on a certain sum of money at 5% per annum for two years is ₹ 246. Calculate simple interest on the same sum for 3 years at 6% per annum.
A sum of money, invested at compounded interest, amounts to ₹ 19360 in 2 years and to ₹ 23425.60 in 4 years. Find the rate percent and the original sum of money.
On what sum of money will compound interest (payable annually) for 2 years be the same as simple interest on ₹ 9430 for 10 years, both at the rate of 5 percent per annum ?
Simple interest on a certain sum of money for 4 years at 4% per annum exceeds the compound interest on the same sum for 3 years at 5 percent per annum by ₹ 228. Find the sum.