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Finding CI When Rate Compounded Annually
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Solution
The correct option is B
2
Let the period be n years.
⇒ P ( 1 + R 100 ) n = 34347
⇒ 30000 ( 1 + 7 100 ) n = 34347
⇒ 30000 ( 107 100 ) n = 34347
⇒ ( 107 100 ) n = 34347 30000 = 11449 10000 = ( 107 100 ) 2
⇒ n = 2 y e a r s
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When the Interest is Compounded Half-Yearly
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FAQs
4347. The period (in years) is. 2 years .
What is the compound interest on Rs 30000 at 7 per annum is 437? ›
(30000 + 4347) = Rs. 34347 . Let the time be n years. n = 2 years.
How many years will RS 2000 amount to RS 2420 at 10% per annum compound interest? ›
2,000 will amount to Rs. 2,420 at 10% per annum compound interest is. 2.5 years .
What is the difference between the simple interest and the compound interest on 30000 at 7 per annum for 3 years? ›
30,000 at 7% per annum for three years. Difference = C.I - S.I . = 6751.29 - 6300 . = 451.29
What is the compound interest on RS 4000 at 10% PA for 3 years? ›
Amount = Rs 5324 . Principal = Rs 4000.
What is the period in years of compound interest on 30000 at 7? ›
The period (in years) is. 2 years .
What is the interest on 30000 compounded annually for 2 years at 8 per annum? ›
The compound interest on₹30000 at 8% per annum is ₹4992 .
What is compound interest on RS 5000 at 12% per annum for 2 years compounded annually? ›
∴ The compound interest on a deposit of ₹5,000 at the rate of 12% p.a. for 2 years is ₹1,272 . -> The DDA JE Recruitment 2024 Notification will be released soon.
What is the compound interest on 10000 in 2 years at 4% per annum? ›
∴ C.I. = ₹(10824.32 - 10000) = ₹824.32 .
What is the compound interest on Rs 10000 at 10% per annum for 2 years and 3 months compounded annually? ›
The compound interest on Rs 10,000 at 10% per annum for 2 years and 3 months compounded annually is Rs 2391.78 . The number of years is 2 years and 3 months = 2.25 years. The compound interest formula is: A = P(1 + r/100)^n.
30000 at 7 % per annum is Rs. 4347 .
What will be the difference between compound interest and simple interest on rupees 10000 at 8% per annum for 2 years? ›
Solution :-Rs 64 . [Note : A = Amount. P = Principal.
What is the compound interest on 4000 for 2.5 years at 10 per annum? ›
Hence, the compound interest, CI=1082 . The compound interest on Rs.
In what time does RS 800 amount to RS 882 at 5% per annum compounded annually? ›
∴ Time = 2 years .
What is the amount for Rs 4000 at the rate of 4 per annum for 2 years compounded annually? ›
So,the amount is Rs. 4326.40 after two years when Rs. 4000 is compounded annually at a rate of 4%.
What is the compound interest on 7500 at 4% per annum? ›
Amount = Rs [7500*1+4/100 2 ] = Rs 7500 * 26/25 * 26/25 = Rs. 8112 . therefore C.I.
What will be the compound interest on Rs 40000 at 8% per annum when interest is compounded half-yearly? ›
40,000, Rate = 8% per annum, Time = 1.5 years, Compounded half-yearly. Therefore, the approximate amount received at the end of one and half years is Rs. 44,995 .
What will be the compound interest on rupees 30000 at the rate of 12% per annum in one and half year? ›
So, the compound interest after 1.5 years is Rs 5400 .
What is the amount and compound interest for 7500 for 1 year at 8% per annum compounded half-yearly? ›
Answer: Find the amount of compound interest for Rs 7500 for 1 year at 8% per annum compounded half-yearly. = 8784. Therefore, the amount is Rs 8784 .
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