 Show
RS Aggarwal - Mathematics — BookChapter 11. Compound InterestSubject Maths - Class 8thQ. No. 21 of Exercise 11BListen NCERT Audio Books to boost your productivity and retention power by 2X. 21 In how many years will Rs. 6250 amount to Rs. 7290 at 8% per annum, compounded annually? Let time = n years P = Rs.6250 A = Rs.7290 R = 8% per annum Now, Amount (A) = P (1 + R/100)n [Where, A = Amount with compound interest P = Present value R = Annual interest rate n = Time in years] ∴ A = P (1 + R/100)n ⇒ 7290 = 6250 (1 + 8/100)n ⇒ (1 + 2/25)n = 7290/6250 ⇒ (27/25)n = 729/625 ⇒ (27/25)n = (27/25)2 ⇒ n = 2 ∴ Time = 2 years. The compound interest obtained on Rs. 6,250 for two years at the rate of interest 8% per annum, compounded annually, will be:This question was previously asked in SSC MTS 2020 (Held On : 13 Oct 2021 Shift 3 ) Official Paper 21 View all SSC MTS Papers >
Answer (Detailed Solution Below)Option 1 : Rs. 1,040 Free CUET/DU General Knowledge Mock Test 10 Questions 50 Marks 7 Mins Given Principal = Rs. 6,250 Time = 2 years Rate = 8% per annum Formula used A = P(1 + r%)t where p and r are principal and rate respectively Compound interest = Amount - Principal Calculation A = 6250 (1 + 8%)2 ⇒A = 6250 × (108/100) × (108/100) ⇒A = 6250 × (27/25) × (27/25) ⇒A = 10 × 27 × 27 ⇒A = 7290 Compound interest = 7290 - 6250 ⇒1040 ∴ Compound interest is Rs.1040 Last updated on Sep 27, 2022 The NTA (National Testing Agency) has released the CUET Phase VI Admit Card. The exam will be conducted at 489 examination centres across India. As per the notice, the exam is scheduled to be conducted on 24th August, 25th August, and 26th August 2022. Candidates can download their admit cards by filling in the application number, date of birth, and security pin. The CUET (Central Universities Entrance Test) is a common exam that is conducted by NTA for UG admissions into all the central and many other universities of India. Check out the CUET Answer Key Details Here. Let's discuss the concepts related to Interest and Compound Interest. Explore more from Quantitative Aptitude here. Learn now!
Course NCERT Class 12Class 11Class 10Class 9Class 8Class 7Class 6 IIT JEE Exam JEE MAINSJEE ADVANCEDX BOARDSXII BOARDS NEET Neet Previous Year (Year Wise)Physics Previous YearChemistry Previous YearBiology Previous YearNeet All Sample PapersSample Papers BiologySample Papers PhysicsSample Papers Chemistry Download PDF's Class 12Class 11Class 10Class 9Class 8Class 7Class 6 Exam CornerOnline ClassQuizAsk Doubt on WhatsappSearch DoubtnutEnglish DictionaryToppers TalkBlogJEE Crash CourseAbout UsCareerDownloadGet AppTechnothlon-2019 Logout Login Register now for special offers +91 Home > English > Class 8 > Maths > Chapter > Compound Interest > At what rate per cent per annu... Updated On: 27-06-2022 UPLOAD PHOTO AND GET THE ANSWER NOW! Text Solution Answer : 0.12 Answer Step by step solution by experts to help you in doubt clearance & scoring excellent marks in exams. Related Videos283264724 0 6.8 K 3:25 At what rate per cent per annum will a sum of Rs 7500 amount to Rs 8427 in 2 years, compounded annually? 283264742 0 8.8 K 3:54 At what rate per cent per annum will Rs 5000 amount to Rs 5832 in 2 years, compounded annually? 489587733 0 2.1 K 3:36 At what rate per cent per annum will a sum of Rs. 1,000 amount to Rs. 1,102.50 in 2 years at compound interest? 283264636 0 700 5:03 At what rate per cent per annum will Rs 640 amount to 774.40 in 2 years when compounded annually? 645951230 0 2.1 K 2:22 At what rate per cent per annum at compound interest will the sum of Rs. 375 amount to Rs. 1029 in 3 years ? 41017743 0 4.9 K 2:22 At what rate per cent per annum at compound interest will the sum of Rs. 375 amount to Rs. 1029 in 3 years ? Show More Comments Add a public comment... Follow Us: Popular Chapters by Class: Class 6 AlgebraBasic Geometrical IdeasData HandlingDecimalsFractions Class 7 Algebraic ExpressionsComparing QuantitiesCongruence of TrianglesData HandlingExponents and Powers Class 8 Algebraic Expressions and IdentitiesComparing QuantitiesCubes and Cube RootsData HandlingDirect and Inverse Proportions Class 9 Areas of Parallelograms and TrianglesCirclesCoordinate GeometryHerons FormulaIntroduction to Euclids Geometry Class 10 Areas Related to CirclesArithmetic ProgressionsCirclesCoordinate GeometryIntroduction to Trigonometry Class 11 Binomial TheoremComplex Numbers and Quadratic EquationsConic SectionsIntroduction to Three Dimensional GeometryLimits and Derivatives Class 12 Application of DerivativesApplication of IntegralsContinuity and DifferentiabilityDeterminantsDifferential Equations Privacy PolicyTerms And Conditions Disclosure PolicyContact Us In what time will rupees 6250 amount to rupees 7290 at 8% per annum compounded annually?So, in 2 years Rs. 6250 will amount to Rs. 7290.
What will be the compound interest for Rs 6250 at 8% pa compounded annually for 2 years?=6760–6250=₹ 510. Was this answer helpful?
At what rate percent per annum compound interest will rupees 625 amount to rupees 729 in 2 years?Thus, rate of interest = 4%. Q.
What principal investment will yield of 6156 and 7290 in two and five years respectively at a specific?Answer: 13/1350
investment will yield an amount of Rs. 6156 and Rs. 7290 in two and five years respectively at a specific equal rate of simple interest?
|
What rate percent per annum compound interest will 6250 amount to 7290 in 2 years?
zusammenhängende Posts
Urheberrechte © © 2024 berikutyang Inc.
