The compound intrest on Rs 40000 at 5 per annum is Rs 4100 the period in yers is
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Solution Principal (P) = Rs. 40000Rate (R) =6%p.a. 64=32%quarteralyPeriod (n) = 6 months = 2 quaters∴Amount = P (1+R100)n=Rs.40000 (1+32×100)2=Rs. 40000×203200×203200=Rs.41209C.I. = A - P = Rs. 41209 - 40000=Rs.1209 (a)Hello Aspirants. Welcome to Online Maths in AffairsCloud.com. Here we are creating question sample in Compound Interest, which is common for all the IBPS, SBI, RBI, IPPB, LIC and other competitive exams. We have included Some questions that are repeatedly asked in exams !! Compound Interest
AffairsCloud Recommends Oliveboard Mock Test AffairsCloud Ebook - Support Us to Grow How many years will a sum of Rs 40000 amount to Rs 44100 at 5 per annum if the interest is compounded annually?So, the required time Rs 40,000 at compound interest of 5 p.m amounted to Rs. 44,100 is 2 years.
What is the interest on rupees 40000 compounded annually at 6% per annum for 6 months?64=32% quarteralyPeriod (n) = 6 months = 2 quaters∴ Amount = P (1+R100)n=Rs. 40000 (1+32×100)2=Rs. 40000×203200×203200=Rs. 41209C.I.
What is the interest received on a sum of 40000 after 2 years at a rate of interest 9 per annum?7524.
What will be the compound interest on 4000 in 4 years?4000 for 4 years at 10% per annum will be. Rs. 1856.
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