You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question
A Rs.806 B Rs.708 C Rs.408
Open in App
Solution
Verified by Toppr
R=4% T=2yrs for compound interest, A=P(1+R100)T A=5000(1+4100)2=5000×(104100)2=5408 CI=A−P=5408−5000=408 Option D is correctGiven, P=5000
Was this answer helpful?
48
Similar Questions
Q
1
The compound interest on Rs5,000 at 4% per annum for 2 years compounded annually will be
View Solution
Q
2
What will be the compound interest on Rs. 25000 for 3 years at 6% per annum, compounded annually?
View Solution
Q
3
Question 3
The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is
(a) Rs 4,000
(b) Rs 4,080
(c) Rs 4,280
(d) Rs 4,050
View Solution
Q
4
Calculate the amount and compound interest on
(a) Rs10,800 for 3 years at 1212% per annum compounded annually.
(b)Rs18,000 for 212 years at 10% per annum compounded annually.
(c)Rs62,500 for 112 years at 8% per annum compounded annually.
(d)Rs8,000 for 1 years at 9% per annum compounded annually.
(e)Rs10,000 for 1 years at 8% per annum compounded annually.
View Solution
Q
5
Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.
View Solution