The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest?
Two valves P and B can fill a sump in 37.5 minutes and 45 minutes respectively. Both valves are opened. The sump will be filled in just 30 minutes, if valve B is turned off after
What is the difference (in Rs) between compound interest (compounded annually) and simple interest for 3 years on a principal of Rs 3000 at the annual rate of 20%?