For the following questions answer them individually
A man borrowed Rs. 5000 at 6 1/4% per annum simple interest for 6 yr. Instead of clearing the loan at the end of 6 yr, if he returns the loan with interest at the end of 4 yr, .how much does the man save?
Sum of money becomes Rs.13,380 after 3 years and Rs. 20,070 after 6 years on compound interest. The sum is:
A bank calculates interest compounded every six months. Rahul invests Rs. 1000 in this bank for 1.5 years at the interest rate of 10% per annum. How much will Rahul get at the end of the term?
What will be the simple interest on a principal amount of 15000 with a rate of 10% for 3 years?
What will be the difference between compound interest and simple interest on an amount of Rs. 20000 with a rate of 20% for 2 years?