0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

What will be CI on an amount of Rs.10000 at the rate of 20 p.c.pa. in two years if the interest rate is compounded half yearly ?
  1. Rs.4525
  2. Rs.4232
  3. Rs.4641
  4. Rs.4461

A
Rs.4525
B
Rs.4232
C
Rs.4461
D
Rs.4641
Solution
Verified by Toppr

CI=AP

A=P(1+R100)n

R=10 percent per halfly; T= 4 times in 2 years

A=10,000P(1+10100)4

A=14641 INR

CI=1464110,000

CI=4641 INR

Was this answer helpful?
4
Similar Questions
Q1
What will be CI on an amount of Rs.10000 at the rate of 20 p.c.pa. in two years if the interest rate is compounded half yearly ?
View Solution
Q2
At what rate percent compound interest, Rs 800 amounts to Rs 926.10 in 112 years, interest being compounded half yearly?
View Solution
Q3
Find the rate per cent annum if Rs.2,00,000 amount to Rs.2,31,525 in 112 year interest being compounded half-yearly.
View Solution
Q4
If Rs 40000 amounts to Rs 46305 in 112 years, compound interest payable half-yearly, find the rate of interest per annum.
View Solution
Q5
At what rate percent per annum compound interest will Rs. 10000 amount to Rs. 13310 in three years?
View Solution