If simple interest is Rs. 640 in 5 years at the rate of 8% then what will be the principal amount?
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Which of the following is rate of interest given to Radha, if she receives the maturity amount of Rs. 6,455...
- Deepak opened a recurring deposit account in a bank and deposited Rs. 500 per month for 3 years. If he will...
- Rohit opened a recurring deposit account in the bank by depositing Rs. 250 per month for 11 months. The rat...
- A club has the following balances at the beginning of a year: Subscription outstanding: Rs. 15,000 Subscrip...
- What is the total amount required to buy 150 shares, if the face value of the share is Rs. 45 and rate of p...
- On which of the following does amount of annuity payable depend? 1. Principal sum of money 2. Investment pe...
- If the amount of interest on 12% investment shown as income in income and expenditure account is Rs. 2400, ...
- A hall 25 m long and 20 m broad is surrounded by a veranda of uniform width of 5 m. The cost of flooring th...