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Komentar: 0 Dibaca: 146 No worries! We‘ve got your back. Try BYJU‘S free classes today! Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Find CI on a sum of Rs. 8000 for 2 years at 5 % per annum compounded annually. Open in App Suggest Corrections56 Pos Terkait What is reaping in the hunger gamesIn order to continue enjoying our site, we ask that you confirm your identity as a human. Thank you very much for your cooperation. Aside from the Hunger Games itself, one of the most interesting ... What is a chemical reaction Class 10Class 10th ScienceNotes on Chemical Reactions and Equations 1. Chemical reactions- The transformation of chemical substance into a new chemical substance by making and breaking of bonds ... What is a 3 molar solution of NaCl?Molar Solutions A 1 molar solution is a solution in which 1 mole of a compound is dissolved in a total volume of 1 litre. For example: The molecular weight of sodium chloride (NaCl) is 58.44, so one ... What to do when you stop liking someoneCheating to most people is equivalent to a betrayal of trust. It is an inherently selfish decision that involves sacrificing a relationships integrity on the altar of inappropriate desires. It’s ... What are task roles and maintenance roles?Identify and discuss task-related group roles and behaviors. Identify and discuss maintenance group roles and behaviors. Identify and discuss negative group roles and behaviors. Just as leaders ... Correct Answer: Description for Correct answer: Amount = Rs. 8820 Let Rate % = R Time = 2 years By using formula, \( \Large 8820=8000 \left(1+\frac{R}{100}\right)^{2}\) \( \Large \frac{8820}{8000}= \left(1+\frac{R}{100}\right)^{2}\) \( \Large \frac{441}{400}= \left(1+\frac{R}{100}\right)^{2}\) Taking square root of both sides, \( \Large \frac{21}{20}= \left(1+\frac{R}{100}\right)\) R= 5 % Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest Correct Answer - Option 4 : 5% GIVEN: Principal = Rs.8000 Amount after 2 years = Rs.8820 CONCEPT: As interest is compounded annually for 2 years, we have to square root both principal and amount and compare them to find the interest. FORMULA USED: Amount = Principal (1 + Rate/100)t CALCULATION: Let, the rate of interest be r% Accordingly, 8000 × (1 + r/100)2 = 8820 ⇒ 8820/8000 = (1 + r/100)2 ⇒ 441/400 = (1 + r/100) ⇒ 21/20 = 1 + r/100 ⇒ r/100 = 1/20 ⇒ r = 5 ∴ Rate of Interest is 5% per annum. At what rate percent per annum will Rs 8000 amount to Rs 8820 in 2 years at compound interest?As interest is compounded annually for 2 years, we have to square root both principal and amount and compare them to find the interest. ∴ Rate of Interest is 5% per annum.
At what rate percent per annum compound interest will 80000 amount to 88200 in 2 years?Hence, the rate of interest is 5% Was this answer helpful?
At what rate per cent per annum compound interest will Rs 8000 amount to Rs 10648 in three years?8000 for 3years at 10% per annum compounded annually. Also, C.I. = Rs. 2648.
At what rate percent per annum compound interest will 8000 amount to 8820 in six months the interest being compounded quarterly?CONCEPT: As interest is compounded annually for 2 years, we have to square root both principal and amount and compare them to find the interest. ∴ Rate of Interest is 5% per annum.
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At what rate per cent per annum will Rs 8000 amount to Rs 8820 in 2 years at compound interest?
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