A. Rs. 2.04 Show
B. Rs. 3.06 C. Rs. 4.80 D. Rs. 8.30 Solution(By Examveda Team)$$\eqalign{ & {\text{C}}{\text{.I}}{\text{.}}\,{\text{when}}\,{\text{interest}}\,{\text{compounded}}\,{\text{yearly}} \cr & = Rs.\left[ {5000 \times \left( {1 + \frac{4}{{100}}} \right) \times \left( {1 + \frac{{\frac{1}{2} \times 4}}{{100}}} \right)} \right] \cr & = Rs.\left( {5000 \times \frac{{26}}{{25}} \times \frac{{51}}{{50}}} \right) \cr & = Rs.5304 \cr & {\text{C}}{\text{.I}}{\text{.}}\,{\text{when}}\,{\text{interest}}\,{\text{in}}\,{\text{compounded}}\,{\text{half - yearly}} \cr & = Rs.\,\left[ {5000 \times {{\left( {1 + \frac{2}{{100}}} \right)}^3}} \right] \cr & = Rs.\,\left( {5000 \times \frac{{51}}{{50}} \times \frac{{51}}{{50}} \times \frac{{51}}{{50}}} \right) \cr & = Rs.\,5306.04 \cr & \therefore {\text{Difference}} = Rs.\,\left( {5306.04 - 5304} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = Rs.\,2.04 \cr} $$ 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 6132 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 4027 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 8548 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 7737 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 9704 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 3720 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 is the difference between the compound interests on 5000 for 12 years at 4% per annum compounded yearly and half yearly?Detailed Solution. = Rs. (5000 × 26/25 × 51/50) = Rs. 5304.
What is the difference between the compound interests on Rs 5000 for 1 years at 4% per annum compounded yearly and half yearly * 2.04 3.04 6 5?5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? total amount after 1 ½ years when interest is compounded yearly. = 5304 Rs. so, compound interest = 5304 - 5000 = 304 Rs.
What is the sum of compound interest on rupees 5000 for 1.5 years at 4% per annum?C. I=₹ 1655. Q. Find the compound interest on Rs.
What is the difference between the compound interests on 10000 for 2 years at 4% per annum compounded annually and half yearly?10000; Rate = 2% per half-year; Time = 2 years = 4 half-years. Amount = Rs [10000 * 1+2/1004 ] = Rs10000 * 51/50 * 51/50 * 51/50 * 51/50 = Rs. 10824.32.
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