What is the compound interest on Rs 1000 at 5% per annum for 2 years? (2024)

What is the compound interest on Rs 1000 at 5% per annum for 2 years?

Answer. Simplifying the equation, we find that the compound interest is Rs. 102.50.

What is the present value of rupees 1000 due in 2 years at 5% compound interest per annum?

1000 due in 2 years at 5% per annum compound interest, according as the interest is paid (a) yearly (b) half yearly. [Ans: Rs. 906.90; Rs. 906.10]

What is compound interest on Rs 2000 at 5% pa for 2 years?

The correct Answer is:Rs. 205. Step by step video, text & image solution for The compound interest on Rs. 2000 at 5% per annum, compounded yearly for 2 years is by Maths experts to help you in doubts & scoring excellent marks in Class 14 exams.

What will be the compound interest on 10000 for 2 years at 5% per annum?

I=A−P=11,025−10,000=Rs. 1,025. Find the amount and the compound interest on Rs 10000 at 5% per annum, for 2 years compounded annually.

What is the compound interest on Rs 1000 in 2 years at 4 per annum?

So, the compound interest on Rs. 1000 for two years at 4% per annum is Rs. 81.60.

What is the compound interest on Rs 1000 for 2 years at 2 per annum?

So, the compound interest on Rs. 1000 for two years at 2% per annum is Rs. 40.4.

What will be the amount of rupees 4000 for 2 years at 5% per annum compound interest?

∴ Compound interest is Rs. 410.

What is the compound interest on 1000 for 2 years at 10 pa rate of interest?

∴ The Interest Amount will be Rs. 210.

What is the compound interest on rupees 15000 for 2 years at 6% pa?

I=15,900×1×6100=Rs. 954.

What is the compound interest on 2000 at 3% pa for 2 years?

Detailed Solution
  1. Given: Principal amount = Rs. 2000. Rate of interest = 3% pa. ...
  2. Concept used: Compound interest, CI = P(1 + R/100)n - P. where. P = Principal amount. ...
  3. Calculation: So, the compound interest.
  4. ⇒ 2000 (1 + 3/100)2 - 2000.
  5. ⇒ 121.80. ∴ The compound interest on Rs 2,000 for 2 years at 3% p.a. is Rs. 121.80.
Feb 23, 2024

What is 5000 for 2 years at 8% per annum compounded annually?

Period (n) = 2 yearsAmount (A) = P (1+R100)n=Rs. 5000(1+8100)2=Rs. 5000×2725×2725=Rs. 5832∴ C.I.

What is 10000 for 2 years at 10% per annum compounded annually?

∴ Compound Interest =Rs12100−Rs10000=Rs2100.

What is 10000 for 6 months at 2 per annum compounded?

In this case, P = 10000, r = 2, n = 4 (since the interest is compounded quarterly), and t = 6/12 = 0.5 (since the investment is held for 6 months, which is equivalent to 0.5 years). Therefore, the final amount, including interest, would be 22500 rupees.

What is the compound interest on Rs 1000 for 4 years at 5 per annum?

Compound interest =1215.50625−1000=215.50625=₹215. Find the compound interest for Rs. 1,000 for 4 years at 5% p.a. When the interest is compounded annually.

What is the compound interest on Rs 1000 for 10 years 4% per annum if the interest is calculated quarterly?

488.86. Hence, Compound interest would be Rs. 488.86.

What is the compound interest on Rs 12000 for 3 years at 10 per annum compounded annually?

Now Compound interest = A - P ⇒ Compound interest = Rs. 15972 - Rs. 12000 = Rs. 3972.

How many years will Rs 2000 amounts to Rs 2420 at 10% per annum compound interest?

2,420 at 10% per annum compound interest is. 2.5 years.

What will be the compound interest on Rs 10000 for 2 years at the rate of 20 PCPA?

CI=4641 INR.

What is the amount and compound interest on Rs 2000 for 2 years at 10% per year?

Calculation:
  1. Calculation:
  2. According to the question, A = 2000 × (1 + 10/100 )2
  3. ⇒ A = 2000 × (11/10)2
  4. ⇒ Rs. 2,420 − Rs. 2,000.
Feb 13, 2024

What is 5000 for 2 years at 5 per annum?

5000, rate = 5%, time = 2 years. Hence, the answer is Rs. 512.50. Let's discuss the concepts related to Interest and Compound Interest.

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 5000 for 2 years at 10 per annum?

=> ₹6050 = ₹5000 + C.I. => ₹6050 - ₹5000 = C.I. => ₹1050 = C.I. So, the compound interest on ₹5000 for 2 years at the rate of 10% is ₹1050 .

How much is 5% interest on $10000?

Simple Interest Examples

You want to know your total interest payment for the entire loan. To start, you'd multiply your principal by your annual interest rate, or $10,000 × 0.05 = $500. Then, you'd multiply this value by the number of years on the loan, or $500 × 5 = $2,500.

What is the simple interest on 1000 at 10% per annum for 73 days?

Hence, simple interest is Rs. 20.

What is the compound interest on ₹ 1000 for 1 year at 10 pa?

Thus Compound interest = 103.81 Rs.

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