Time = 2 years 4 months = 2(4/12) years = 2(1/3) years. Show
Amount = Rs'. [8000 X (1+(15/100))2 X (1+((1/3)*15)/100)] =Rs. [8000 * (23/20) * (23/20) * (21/20)] = Rs. 11109. . ∴ C.I. = Rs. (11109 - 8000) = Rs. 3109. Q: The compound interest on a certain sum of money at 11% for 2 years is ₹6963. Its simple interest (in ₹) at the same rate and for the same period is:
View Answer Report Error Discuss 3 6138 Q: The compound interest on a certain sum of money at 21% for 2 years is ₹9,282. Its simple interest (in ₹) at the same rate and for the same period is:
View Answer Report Error Discuss 2 4034 Q: ₹4,000 is given at 5% per annum for one year and interest is compounded half yearly. ₹2,000 is given at 40% per annum compounded quarterly for 1 year. The total interest received is nearest to:
View Answer Report Error Discuss 1 8553 Q: A sum amounts to ₹18,600 after 3 years and to ₹27,900 after 6 years, at a certain rate percent p.a., when the interest is compounded annually. The sum is:
View Answer Report Error Discuss Q: A sum of ₹x was borrowed and paid back in two equal yearly instalments, each of ₹35,280. If the rate of interest was 5%, compounded annually, then the value of x is:
View Answer Report Error Discuss 4 7742 Q: What is the compound interest on a sum of ₹8,100 for years at 8% per annum, if the interest is compounded 5-monthly? (Nearest to ₹1)
View Answer Report Error Discuss 2 9709 Q: Ram deposited an amount of ₹ 8,000 in a bank’s savings account with interest 6.5% compounded monthly. What amount will he get at the end of 18 months?
View Answer Report Error Discuss 3 3721 Q: The difference between the compound interest and simple interest on ₹ x at 9% per annum for 2 years is ₹20.25. What is the value of x ?
View Answer Report Error Discuss 4 2100 Disclaimer The questions posted on the site are solely user generated, Doubtnut has no ownership or control over the nature and content of those questions. Doubtnut is not responsible for any discrepancies concerning the duplicity of content over those questions. Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Solution The correct option is A: Rs.3109Given: Principal, P=Rs.8000Rate, R =15%Time =2 years 4 months =2+(412) years =213 yearsAmount for 2 years is given asAmount, A=P(1+R100)t [∵t=time]= Rs. [8000×(1+15100)2] (adsbygoogle = window.adsbygoogle || []).push({}); =Rs.(8000 ×2320× 2320=10580Interest for 13 years is given asI=P×R×t100=10580×15×13100=Rs.529Total amount for 213 years =10580+529=Rs.11109. ∴ Compound Interest, C.I.= Toatal Amount - Principal =Rs.(11109 −8000)= Rs.3109.Textbooks Question Papers Home What is the compound interest of Rs 8000 at 15% per annum for 2 years 4 months?(11109 − 8000) = Rs. 3109.
What is the simple interest on Rs 8000 at 15% per annum for 2 years?11109 - 8000 = Rs. 3109.
What will be the compound interest on Rs 7500 at 4% per annum for 2 years compounded annually?Amount = Rs [7500*1+4/100 2 ] = Rs 7500 * 26/25 * 26/25 = Rs. 8112.
What is the compound interest on 8000 at 10% pa for 2 years if the interest is calculated half yearly?= ₹9680 — ₹8000. ➨ C.I. = ₹1680.
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Find compound interest on rs. 8000 at 15% per annum for 2 years 4 months, compounded annually
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