Question Set

1. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: guest on 01 Jun 2017 05.46 pm
    Amount = Rs. 8000 x 1 + 5 2 100 = Rs. 8000 x 21 x 21 20 20 = Rs. 8820.
Show Similar Question And Answers
QA->The difference between compound interest and simple interest for an amount of Rs. 40,000 for 2 years at 5% interest rate is....
QA->Rs.800 becomes Rs.956 in 3 years at certain rate of simple interest.If the rate of interest is increased by 3%,What amount will Rs.800 becomes in 3 years?....
QA->There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?....
QA->If we deposit an amount, at simple interest, the amount doubles in 8 years. Then it will become three times in ___ years.....
QA->A man borrowed Rs. 5000 at the rate of 20% compound interest. Calculate the compound interest at the end of 3 years.....
MCQ->Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?....
MCQ->What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I.  The simple interest on the same amount at the same rate of interest in 5 years is Rs. 2000. II.  The compound interest and the simple interest earned in one year is the same.  III.  The amount becomed more than double on compound interest in 10 years.....
MCQ->The interest earned on INR 4000/- when invested in Scheme A for two years at 7% p.a. simple interest is half of the interest earned when INR X is invested for five years in the same scheme at the same rate of interest. What is the value of X....
MCQ->The respective ratio of the sums invested for 2 years each, in Scheme A offering 20% p.a. compound interest (compounded annually) and in Scheme B offering 9% p.a. simple interest is 1 : 3. Difference between the interests earned from both the schemes is INR 1200/- . How much was invested in Scheme A....
MCQ->Puneeta borrowed from Reena certain sum for two years at simple interest. Puneeta lent this sum to Venu at the same rate for two years compound interest. At the end of two years she received 110 as compound interest but paid 100 as simple interest. Find the sum and rate of interest:....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution