The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
In this type of question we apply formula
Amount=P/$(1+R/100)^n$
Amount=169$(1+4/100)^2$
Amount=169∗25∗25/26∗26
Amount=156.25
The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years |
Answer |
The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is |
Answer |
In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually |
Answer |
If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values |
Answer |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum |
Answer |
A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount |
Answer |
In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2% |
Answer |
A financier claims to be lending money at simple interest, But he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes. |
Answer |
A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is |
Answer |
Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit. |
Answer |