Q. Show
Tick the correct answer in each of the following: At what rate per cent per annum will a sum of Rs 7500 amount to Rs 8427 in 2 years. Compounded annually ? (a) 4% (b) 5% (c) 6% (d) 8% Q. Tick the correct answer in each of the following: The value of a machine depreciates at the rate of 20% per annum. It was purchased 2 years ago. If its present value is Rs 40000, for how much was it purchased? (a) Rs 56000 (b) Rs 62500 (c) Rs 65200 (d) 56500 Q. Tick the correct answer in each of the following: The compound interest on Rs 6250 at 8% per annum for 1 year, compounded half yearly, is (a) Rs 500 (b) Rs 510 (c) Rs 550 (d) Rs 512.50 Q. Tick the correct answer in each of the following: The compound interest on Rs 4000 at 10% per annum for 2 years 3 months, compounded annually, is (a) Rs 916 (b) Rs 900 (c) Rs 961 (d) Rs 896 Q. Tick the correct answer in each of the following: The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago for Rs 60000. What is the present value of the machine ? (a) Rs 53640 (b) Rs 51680 (c) Rs 43740 (d) Rs 43470 View More No worries! We‘ve got your back. Try BYJU‘S free classes today! Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Solution The correct option is B ₹3916.80Principal (P) = ₹48000 Rate (R) =8% p.a. Time (n)= 1 year Interest is compounded half yearly ∴A=P(1+R200)2n =48000(1+8200)2=48000×2625×2625 =76.8×26×26 =₹51916.80 Therefore, compound interest = A-P = ₹(51916.80 - 48000) = ₹3916.80Find compound interest on Rs. 5000 at 12% p.a. for 1 year, compounded half-yearly.
Answer (Detailed Solution Below)Option 2 : Rs. 618/- Free 10 Questions 10 Marks 7 Mins Given: The sum = 5000 The rate of interest = 12% per annum The time = 1 year Formula used: \({CI}\ =\ {P\ × [(1\ +\ {R\over 100})^T\ -\ 1]}\) Where CI = The compound interest, P = The principle, R = The rate, and T = The time Calculation: Let us assume the compound interest be X ⇒ For half-yearly rate will half = 12/2 = 6% per half-yearly ⇒ For half yearly time will double = 2 years ⇒ The compound interest = \({CI}\ =\ {5000\ × [(1\ +\ {6\over 100})^2\ -\ 1]}\) ⇒ \({CI}\ =\ {5000\ × [(1.06)^2\ -\ 1]}\) ⇒ \({CI}\ =\ {5000\ × [1.1236\ -\ 1]}\) ⇒ The compound interest = 5000 × 0.1236 = 618 ∴ The required result will be 618. Alternate MethodEquivalent rate for 2 years = 6 + 6 + (6 × 6)/100 ⇒ 12.36% CI = 12.36% of 5000 ⇒ (5000 × 12.36)/100 ⇒ 618 ∴ The required result will be 618. Last updated on Sep 21, 2022 The RRB (Railway Recruitment Board) has released the Result, and Cut Off marks for the CBAT (Computer Based Aptitude Test) stage for Pay Level 6. The result and cut-off marks are announced for the RRB Chandigarh, Bhopal & Chennai regions for the recruitment cycle 2021. The exam is conducted to fill up a total number of 35281 vacant posts. Candidates who are qualified for the Computer Based Aptitude Test will be eligible for the next round, which will be Document Verification & Medical Exam. The candidates with successful selection under RRB NTPC will get a salary range between Rs. 19,900 to Rs. 35,400. Know the RRB NTPC Result here. Ace your Interest preparations for Compound Interest with us and master Quantitative Aptitude for your exams. Learn today! What is the interest on Rs 5000 at 8% for 1 year?Complete step-by-step answer:
Therefore, the compound interest is Rs. 624.32 on Rs. 5000 if it is compounded half yearly for 1 year 6 months at 8 % per annum.
How do you calculate compound interest in one and a half years?The formula for calculation of compound interest for half year is CI = p(1 + {r/2}/100)2t. - p. Here in this formula 'A' is the final amount, 'p' is the principal, and 't' is the time in years.
What is the difference between the interests on 50000 for one year at 8% per annum compounded half yearly and yearly?The difference between the compound interest and the simple interest compounded half yearly on an amount of Rs. 50000 for 1 year is Rs. 180.
What is the compound interest on Rs 5000 for 1 & 1 2 years at 4% per annum compounded yearly?5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? = Rs. 5304.
|
What is the compound interest on $5000 for 1 year at 8% per annum compounded half yearly?
zusammenhängende Posts
Urheberrechte © © 2024 ketiadaan Inc.
