P = Rs 25000, n = 3 years, r = 12% p.a Show
\(\therefore\) Amount = P\(\Big(1+\frac{r}{100}\Big)^n\) = Rs 25000 x\(\Big(1+\frac{12}{100}\Big)^3\) = Rs 25000 x \(\Big(\frac{112}{100}\Big)^3\) = Rs 25000 x \(\frac{28}{25}\times\frac{28}{25}\times\frac{28}{25}\) = RS 35123.20 \(\therefore\) Compound interest = Rs (35123.20 – 25000) = Rs 10123.20 A. Rs. 9000.30 B. Rs. 9720 C. Rs. 10123.20 D. Rs. 10483.20 E. None of these Solution(By Examveda Team)$$\eqalign{ & {\text{Amount}} = Rs.\,\left[ {25000 \times {{\left( {1 + \frac{{12}}{{100}}} \right)}^3}} \right] \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,\left( {25000 \times \frac{{28}}{{25}} \times \frac{{28}}{{25}} \times \frac{{28}}{{25}}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,35123.20 \cr & \therefore {\text{C}}{\text{.I}}{\text{.}} = Rs.\left( {35123.20 - 25000} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,10123.20 \cr} $$ 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 What will be the compound interest on 25000 after 3 years at 12% per annum?(1+12100)3=25000(2825×2825×2825)=35123.20. Q.
What is the compound interest on Rs 25000 for 2 years?UPLOAD PHOTO AND GET THE ANSWER NOW! Solution : Amount`=P(1+r/100)^t`<br> Amount`=25000(1+4/100)^1`<br> After 2 years <br> Amount`=25000(1+4/100)(1+5/100)`<br> `A=27300`<br> option c is correct.
How much will ₹ 25000 amount to in 2 years at compound interest if the rates are 4% pa and 5% pa for the two successive years?Here P = Rs. 25000, t = 2 years, r = 4%, 5% successively. Hence, Amount = Rs. 27300.
What would be the compound interest on a principal of Rs 10000 interest rate 12% for 3 years assuming interest is compounded every month?1,664. ∴ The compound interest is Rs. 1,664.
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What will be the compound interest on a sum of rupees 25000 after 2 years at the rate of 12% compounded annually?
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