What sum of money will produce Rs 70?
Hence, Rs. 500 will produce rs. 70 as a simple interest in 4 years at 3 1/2 percent.
What is the sum of money invested at simple interest amounts to rs 1770?
Let P be the supposed principal. Hence, sum of money is 2950 Rs.
What sum of money will amount to Rs 2760?
So, the sum of money that will amount to ₹2760 in 3 years at 5% per annum simple interest is ₹5520.
What is the sum of money that amounts to Rs 26000 in 5 years at the interest rate of 6% per annum?
26000 = Principal * (1 + (6/100))^5 Now, we can solve for the Principal: 26000 = Principal * (1.06)^5 26000 = Principal * 1.3382256 Principal = 26000 / 1.3382256 Principal ≈ 19425.47 So, the sum of money that amounts to 26000 in 5 years at the interest rate of 6% per annum is approximately 19425.47.
What is the sum of money?
A sum of money is an amount of money.
What is total sum of money?
The terms "sum" and "total sum" when referring to monetary compensation refer to the same thing, the total amount of money being discussed.
What sum of money will produce Rs 150 interest in 2 years at 5 percent simple interest?
1,500 is the sum of money that will produce Rs. 150 intrest in 2 years at 5% rate of intrest.
How to find the sum invested in simple interest?
Simple Interest is calculated using the following formula: SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period. Here, the rate is given in percentage (r%) is written as r/100. And the principal is the sum of money that remains constant for every year in the case of simple interest.
What is the sum of money that will give rs 1 as simple interest per day at the rate of 5 per annum?
∴ Sum =365×1005×1=Rs. 7300.
What sum of money will amount to Rs 9261 in 3 years at 5?
∴ Required Sum =Rs. 8000.
What sum of money will amount to rs 9261 in 3 years at 5 per annum compound interest?
Therefore, the sum of money = Rs 8000.
What sum of money will produce Rs 143?
Answer : The sum of money will produce ₹143 as interest in 4 years at 5% simple interest is Rs. 715.
What sum of money becomes Rs 15000 in 5 years at 10?
∴ (P)=10,000.
What sum of money amounts to rupees 9440 in 3 years and 10400 in 5 years?
Hence, the sum is Rs. 8000.
What is the amount on a sum of Rs 5000 for 2 years at the rate of 8 Pa 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 sum of money will amount to * 5445 in 2 years at 10% per annum compound interest?
Hence the sum of money is Rs. 4500.
Is it sum of money or sums of money?
A sum of money and an amount of money are effectively the same thing. They're also grammatically similar - they're both countable nouns and have plurals: 'sums' and 'amounts'.
What is the largest sum of money?
The largest sum of money ever recorded in history is the US $37 billion by Warren buffet to Bill and Melinda Gates Foundation.
Does sum mean total in math?
Sum Meaning
In mathematics, the sum can be defined as the result or answer after adding two or more numbers or terms. Thus, the sum is a way of putting things together. In other words, the sum is the process of bringing two or more numbers together to produce a new result or total.
What is the formula for amount?
The formula of the amount in mathematics.
The total payback of money at the termination of the time period for which it was borrowed, then it is called the amount. We know that Simple Interest(S.I.) ={Principal(P)×Time period(T)×Rate of Interest(R)}/100.
How do you calculate the total amount?
The most common method of calculating the total amount is by adding individual amounts together. This approach is straightforward and applicable in various scenarios. For example, when summing up expenses, revenues, or quantities, the total amount is obtained by combining the individual values.
How much would a sum of RS 16000 amount to in 2 years time at 10% per annum compound interest interest being payable half yearly?
16000 approximately amount to in 2 years at 10% p.a. compounded half-yearly? Rs. 17423.
What sum of money must be given at simple interest for 6 month at 4% per annum in order to earn 150 interest?
7500. Thus, the principal sum of money comes out to be Rs. 7500.
What sum of money will amount to 1800 in 5 years at 12% per annum simple interest?
5years at 12% would generate Rs. 60/- as interest for investing a sum of 100/-, reaching a total of 160/-. so to reach a total of 1800/-, the sum needed to invest is 1800*100/160=Rs. 1125/-.
What is the simple interest on $8000 for 4 years at 2% per annum?
Answer. So, the simple interest on 8000 naira for 4 years at a rate of 2% per annum is 160 naira.
