How much will 25000 amount to in 2 years at compound interest if the rate for the successive years before and 5% per year?

Correct Option: C

Given that , Principal = Rs. 25,000 , Time = 2 years , R1 = 4% , R2 = 5%
Using the given formula ,

Amount = P
1 + R1
1 + R2
100 100

Amount = 25000
1 + 4
1 + 5
100 100

Amount = 25000 × 104 × 105
100 100

Amount = Rs. 27300

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Updated On: 27-06-2022

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Text Solution

Solution : Amount`=P(1+r/100)^t`<br> Amount`=25000(1+4/100)^1`<br> After 2 years <br> Amount`=25000(1+4/100)(1+5/100)`<br> `A=27300`<br> option c is correct.

Answer

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What is the simple interest for 25000 for 2 years?

now, S I = P × R × T 100 = 25000 × 48 × 2 100 = R s 24000 .

How much will rupees 25000 amount to in 2 years if the rates for successive years before percent per annum and 5% per annum respectively?

ANS is :- 27300

What would be the compound interest of Rs 25000 for 2 years at the rate of 5% per annum?

25000 for 2 years at the rate of 5% per annum ? ... Correct Option: B..

What will be the compound interest on fixed deposit of Rs 25000 for 2 yrs if rate of interest is 12% pa by assuming interest compounded annually?

Rate of interest = 12% p.a. ∴ The compound interest is Rs. 10123.20.

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