1. 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.

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By: guest on 01 Jun 2017 05.46 pm

P = Rs. 5000 & T = 2 years. I. S.I. on Rs. 5000 in 5 years is Rs. 2000. 5000 x R x 5 = 2000 R = 8. 100 Thus I only gives the answer. Correct answer is (A).