Mathematics
Ashok invests a certain sum of money at 20% per annum, compounded yearly. Geeta invests an equal amount of money at the same rate of interest per annum compounded half-yearly. If Geeta gets ₹ 33 more than Ashok in 18 months, calculate the money invested by each.
Related Questions
A man borrowed ₹ 16000 for 3 years under the following terms :
20% simple interest for the first 2 years.
20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly.
Find the total amount to be paid at the end of three years.
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At what rate of interest per annum will a sum of ₹ 62500 earn a compound interest of ₹ 5100 in one year ? The interest is to be compounded half-yearly ?
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