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Sponsored LinksAdvertisements Challenger of the Day Bhargav India Andhra Pradesh Time: 00:09:02 Points 16 Maths Quotes"IF YOU DON'T KNOW MATHS , IT MEAN YOU ARE FAR AWAY FROM LIFE." Ayush My maths book suicided because it had lots of problems in it ...... Ruchi.das Placed User CommentsM4Math helped me a lot. Vipul Chavan 2 years ago Thanks m4 maths for helping to get placed in several companies. yash mittal 2 years ago Home Find the difference between compound interests compounded half yearly and yearly on Rs 5000 for 1 year at 10 % p.a. Question A Rs 12.50 Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses B Rs 20.50 No worries! We‘ve got your back. Try BYJU‘S free classes today! C Rs 25 No worries! We‘ve got your back. Try BYJU‘S free classes today! D Rs 20 No worries! We‘ve got your back. Try BYJU‘S free classes today! Open in App Solution The correct option is ARs 12.50Suggest Corrections 0 Similar questions Q. What is the difference between the compound interests on
Rs.5000 for
112 years at
4% per annum compounded yearly and half-yearly? Q. Compute the compound interest on
Rs.4000 for
11/2 years at
10% p.a. compounded half-yearly. Q. What is the difference between the compound interests on $400 for 1 year at 10% per annum compounded yearly and half-yearly? $ Q. Find the compounded interest on Rs. 5000 for 1 year 8% per annum, compounded half-yearly. Q. What is the difference between the. compound interests on Rs.
5,000 for
112 years at
4% per annum compounded yearly and half-yearly? What is the difference between compound interest on Rs. 5000 for \(1 \frac{1}{2}\) years at 4% per annum the interest is compounded yearly and half-yearly?
Answer (Detailed Solution Below)Option 1 : Rs. 2.04 Free DSSSB LDC Official Paper 1 (Held on : 18 Aug 2019 Shift 1) 200 Questions 200 Marks 120 Mins Given: P = Rs. 5000 Time = 3/2 years Rate of interest = 4% Formula: Let P = Principal, R = rate of interest and N = time period Compound interest calculated annually = P(1 + R/100)N - P Compound interest calculated half yearly = P(1 + R/200)2N - P Calculation: Compound interest calculated annually = 5000(1 + 4/100)(1 + 2/100) - 5000 = Rs. 304 Compound interest calculated half yearly = 5000(1 + 2/100)3 - 5000 = Rs. 306.04 ∴ Required difference = 306.04 - 304 = Rs. 2.04 Latest DSSSB Junior Secretariat Assistant Updates Last updated on Oct 7, 2022 The Delhi Subordinate Services Selection Board (DSSSB) has released the skill test schedule. The skill test will be held from 5th November to 4th December 2022. Earlier, DSSSB Junior Secretariat Assistant Result for post code 44/21 was out. A total of 3004 candidates out of the 64705 candidates have cleared the tier 1 exam and will appear in the skill test. Candidates who will be finally selected for the DSSSB Junior Secretariat Assistant will get a salary range between Rs. 5,200 to Rs. 20,200 Let's discuss the concepts related to Interest and Compound Interest. Explore more from Quantitative Aptitude here. Learn now! What is the difference between the compound interest on 5000 for 1 year at 4% per annum?Detailed Solution
= Rs. (5000 × 26/25 × 51/50) = Rs. 5304.
What is the difference between the compound interests on Rs 5000 for 1 years at 4% per annum compounded yearly and half5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? total amount after 1 ½ years when interest is compounded yearly. = 5304 Rs. so, compound interest = 5304 - 5000 = 304 Rs.
What is the difference between compound interest on Rs 5000 for 12 years at 4% per annum the interest is compounded yearly and halfAnnual basis interest will be=1.02(5000×1.04)-5000=304. So difference is 2.04 Rs.
What is the sum of compound interest on rupees 5000 for 1.5 years at 4% per annum?C. I=₹ 1655. Q. Find the compound interest on Rs.
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What is the difference between the compound interests on Rs 5000 for 1 years at 4% per annum compounded yearly and half
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