Find the compound interest on rupees2000 for 2 years if the rate of in – InterviewSolution

1.	Find the compound interest on rupees2000 for 2 years if the rate of interest is 5% for the first year and 10% for the second year each interest begin compounded annually.
Answer» 1ST YEAR , P= RS.2000 R=5%SO, I = P x R x T / 100 = 2100 x 5 x 1 / 100 = RS. 105AMOUNT AFTER THE 2ND YEAR = RS. 2100+RS. 105 = RS. 2205FINAL AMOUNT = RS. 2205HENCE, COMPOUND INTEREST = FINAL AMOUNT - ORIGINAL AMOUNT = RS. 2205 - RS. 2000 = RS. 205

Discussion

No Comment Found

Related InterviewSolutions

What is Rational Numbers ??Where are you Bunny ?? What happen Any Problem Bro ಠ︵ಠ
Observe the following table and find x is directly proportional
What is Rational Numbers ?Answer if ur boy ? Answer if ur Ashrith Im serious
ABCD is a parallelogram if the ratio sides 3,:2and perimeter is 120 m the find the length of the sides of the parallelogram
6. Find the area of the following polygohABCDEF where AP = 2 cm, AQ = 4 cm,AR = 6 cm, AD = 10 cm, AS = 8 cm, andBP, FQ, CR and ES are perpendiculars todiagonal AD
5y+10=4y-10 then what is the answer
*5. How do the prashastis written by Harisena and Ravikirti throw light on the history of theGuptas and Harshavardhana?
The product of two number is 27 /2 .If one number is 23/5,find the other. with solution
Evalute the expression given below for ( m = - 2 ) & ( n = 6 ) 3m³ + 2m²n + n³
Evalute the expression given below for ( m = - 2 ) & ( n = 6 )m² - n²