[Solved] Find the interest on Rs.25000 at 12% p.a compounded annually (2024)

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[Solved] Find the interest on Rs.25000 at 12% p.a compounded annually (2024)

FAQs

[Solved] Find the interest on Rs.25000 at 12% p.a compounded annually? ›

25,000/- after 3 years the rate of 12%p.a? Rs. 35,123.215,200Rs.

What is the compound interest on Rs 25000 at the rate of 12 per annum for 3 years? ›

25,000/- after 3 years the rate of 12%p.a? Rs. 35,123.215,200Rs.

What is 12 interest on 25,000? ›

Interest rate I = 12 % per per year, compounding, divide by 12 = 1 % for each period. The total amount of interest would be 3,170.63 for one year.

What is the amount and the compound interest on 25000 for a year at 10% per annum compounded annually? ›

The compound interest on Rs. 25000 at 10 % per annum is Rs. 5250 .

What is the compound interest on a sum of 25000 at 8 pa compounded annually for 2 years? ›

Formula Used :
  1. ★ A = P(1 + r/100)^n. => A = 25000(1 + 8/100)^2. => A = 25000 × (108/100)^2. => A = 25000 × (54/50)^2. => A = 25000 × 54/50 × 54/50. => A = 250 × 54/5 × 54/5. ...
  2. => A = Rs. 29,160.
  3. ★ Compound Interest = Amount - Principal. Compound Interest = Rs. 29,160 - Rs. 25,000.
  4. Compound Interest = Rs. 4,160. Hence,
Apr 30, 2021

What is 12% annual interest rate compounded monthly? ›

"12% interest" means that the interest rate is 12% per year, compounded annually. "12% interest compounded monthly" means that the interest rate is 12% per year (not 12% per month), compounded monthly. Thus, the interest rate is 1% (12% / 12) per month.

What is 12% PA? ›

So, if the rate of interest is p.a, the amount received at the time of maturity A = P 1 + 12 100 1 i.e., 12 P. Hence per annum means the interest earn on. 100 after year is. 12 .

How do you calculate 12% interest? ›

To calculate interest rates, use the formula: Interest = Principal × Rate × Tenure. This equation helps determine the interest rate on investments or loans.

How do you calculate interest on 25000? ›

Detailed Solution
  1. Given: Principal = Rs. 25,000. Rate = 10% ...
  2. Formula used: (i) A = P{1 + (r/100)}t Where, A = amount. ...
  3. Calculation: A = P{1 + (r/100)}t. ⇒ A = 25,000{1 + (10/100)}2 ...
  4. ∴ The compound interest for the given principal is Rs. 5,250.
  5. Alternate Method. 10% = 1/10. Which implies, 10 Rs will become 11 Rs in 1 year.

How to calculate compounding interest? ›

Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate raised to the number of compound periods minus one. This will leave you with the total sum of the loan, including compound interest.

What is the rate per period of $25,000 for 15 years compounded at 12% semiannually? ›

Final answer: The rate per period for an investment of $25,000 compounded at 12% semiannually for 15 years is 12%.

How much will rs 25000 amount to in 2 years at compound interest? ›

A=P⋅(1+R1100)N1⋅(1+R2100)N2... =27300.

What is the amount on a sum of 15000 at 12% pa compounded annually for 2 years? ›

Answer. In this case, P = 15,000, r = 0.12 (12% as a decimal), n = 1 (since the interest is compounded annually), and t = 2. Therefore, the amount on a sum of 15,000 at 12% p.a. compounded annually for 2 years is 18,816.

What is the CI on 30000 at 12% pa for 2 years? ›

Thus we got compound interest as Rs. 7632.

What is the compound interest on Rs 5000 at 12% pa for 2 years if compounded annually? ›

The compound interest is Rs 1272.

What will be the compound interest on a sum of RS 25,000 after 3 years at 10% per annum? ›

∴ CompoundInterest=Rs. 4775.40.

What is the compound interest on Rs 2500 for 2 years at 12% per annum? ›

So compound interest after 1 year=2500*1*12/100=Rs 300. For the next year Sum=2500+300=2800. Now interest=2800*1*12/100=Rs336. So compound interest for 2 years=300+336=Rs 636.

What will be the amount and compound interest on rupees 12000 for 3 years at 20% per annum? ›

Find the amount and compound interest on 12,000rs for 3 years at 20%​ Assuming the interest is compounded annually (n = 1). So, the future amount (including principal and interest) after 3 years will be Rs 20,736.

What is the compound interest on Rs 25000 for 2 years at rate of interest 4% per annum? ›

Therefore, the amount on 25,000 for 2 years at a rate of 4% per annum compounded annually is approximately 27,040.

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