What is the compound interest on ₹ 20000 at 10% per annum for 3 years? (2024)

What is the compound interest on ₹ 20000 at 10% per annum for 3 years?

So, C.I = 26,620 - 20,000 = ₹ 6,620.

What is the amount if Rs 20000 is invested at 10 per annum for 3 years?

∴Amount is Rs. 26,620.

What is the compound interest of 10% for 3 years?

compounded, annually at the rate of 10% p.a. for 3 years is Rs 331. Q.

What is the amount and compound interest on Rs 20000 for 3 years?

6620. Calculate the compound interest on a sum of Rs. 20000 at the end of 3 years at the rate of 10% p.a. compounded annually.

What is the compound interest on rupees 20000 at 10% for 2 years?

∴ The compound interest is Rs 4200 .

What is the compound interest on 20000 for 3 years at 20 per annum compounded annually?

Therefore, the compound interest on ₹20000 for 3 years at 20% per annum compounded annually is ₹34560.

What is 10000 for 3 years at 10 per annum compounded annually?

Period (n) = 3 years∴ Amount = P (1+R100)n=Rs. 10000 (1+10100)3=Rs. 10000×1110×1110×1110=Rs. 13310C.I.

What is the compound interest on 10000 at 10 for 3 years?

T is the time the money is invested for (in years). Hence, the compound interest amount on Rs. 10,000 for 3 years at an annual interest rate of 10% is Rs. 13,310.

What is Rs 15000 for 2 years at 10% per annum compounded annually?

We get, = Rs 3150. (i) Rs 15000 for 2 years at 10% per annum compounded annually.

What is the compound interest of 10000 at 10% for 2 years?

Hence, the compound interest on Rs. 10,000 for 2 years at 10% per annum is Rs. 2,100.

What is the compound interest on 16000 at 10% for 2 years?

Solution :-

Hence, the amount is Rs 19360 . ∴ The compound interest is Rs 3360 .

How much is $10000 at 10% interest for 10 years?

If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.

What is the compound interest on Rs 20000 at 5% per annum for 2 years?

22050. An amount of Rs. 20000 is deposited in a bank for 2 years and paying an annual interest rate of 5%, compounded yearly.

What is the amount and compound interest on Rs 20000 for 3 year at 8% per annum?

Detailed Solution
  1. Given: The principal of Rs.20,000. Rate is 8% per annum. Time is 3 years.
  2. Concept used: A =Amount. P = Principal. r =Rate of interest. n =Time period.
  3. Calculation: A =20,000(1 + (r/100))n A =20,000(1 + (8/100))3 A =20,000(27/25)3 A =20,000(19683/15625) A =25,194.24. ...
  4. Compound Interest is Rs.5194.24.
Mar 7, 2024

What is the compound interest on rupees 20000 at 5% for 4 years?

Hence, compound interest on Rs. 20,000 for 4 years at 5% p.a. is Rs. 4,310.125.

What is the compound interest on Rs 20000 at 10 percent?

So, C.I = 26,620 - 20,000 = ₹ 6,620.

What is the interest compounded annually on Rs 20000 for 2 years at 10% per annum?

20,000=Rs. 4200. Find the compound interest on Rs. 20,000 for 2 years, compounded annually at 10% per annum.

What is 20000 for 2 years at 6 per annum compounded annually?

20000*6/100=1200. 21200*6/100=1272. Amount =21200+1272=22472.

What is the compound interest on 20000 for 2 years at 8 per annum?

(iv) Interest of two years =Rs. 23328-Rs. 20000=Rs. 3328.

What is the compound interest on 20000 for 3 years at 5 per annum?

  1. Given: P=20,000, r=0.05, t=3, n=4 , nt=12.
  2. Formula: CI=P(1+r/n)^nt-P.
  3. Substitution:
  4. CI=20,000(1+0.05/4)^12–20,000.
  5. CI=20,000(1.0125)^12–20,000.
  6. CI=20,000(1.16075)-20,000.
  7. CI=23,215.0904–20,000.
  8. CI=3,215.090 ( answer)
May 19, 2022

What is the compound interest on 10000 for 1 year at 20 per annum?

∴Compound interest=A−P=12155.0625−10000=2155.0625.

How much is 10% interest compounded yearly?

If you were to gain 10% annual interest on $100, for example, the total amount earned per year would be $10. At the end of the year, you'd have $110: the initial $100, plus $10 of interest.

What is 10000 for 2 year at 11% per annum compounded annually?

10000×111100×111100=Rs. 12321C.I = A - P = Rs. 12321 - 10000 = Rs. 2321.

What is 6000 for 2 years at 10 per annum compounded annually?

Hence, the compound interest is Rs 1260.

What is the compound interest on rupees 10000 for 5 years at 10 per annum?

+r/100)^t = 10000. (1+10/100)^5= 16105.10. Compound interest = A - P = ₹(16105.10 - 10000) =₹ 6105.10. Answer.

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