Question Set

1. The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:





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. (30000 + 4347) = Rs. 34347. Let the time be n years. Then, 30000 1 + 7 n = 34347 100 107 n = 34347 = 11449 = 107 2 100 30000 10000 100 n = 2 years.
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->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->How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 5% per annum of simple interest?....
QA->A man borrowed Rs. 5000 at the rate of 20% compound interest. Calculate the compound interest at the end of 3 years.....
QA->The difference between compound interest and simple interest on a sum of Rs. 4000 for 2 years at 5% p.a payable yearly is?....
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->What is the compound interest earned at the end of 3 years? I.  Simple interest earned on that amount at the same rate and for the same period is Rs. 4500. II.  The rate of interest is 10 p.c.p.a.  III.  Compound interest for 3 years is more than the simple interest for that period by Rs. 465.....
MCQ->The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:....
MCQ->Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:....
MCQ->What is the rate of interest p.c.p.a.? I.  An amount doubles itself in 5 years on simple interest. II.  Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400.  III.  Simple interest earned per annum is Rs. 2000.....
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