A sum of money amounts to ₹ $6655$ at the rate of $10 \%$ compounded annually for $3$ years. The sum of money is (In ₹)
$5000$
$5500$
$6000$
$6100$
Albert invested an amount of ₹ $8000$ in a fixed deposit scheme for $2$ years at compound interest rate of $5 \%$ per annum. How much amount (In ₹) will Albert get on maturity of the fixed deposit?
What will be the compound interest (In ₹) on a sum of ₹ $50000$ after $4$ years at the rate of $10 \%$ per annum?
The difference between compound interest and simple interest on a sum for $2$ years at $10 \%$ per annum, when the interest is compounded annually, is ₹ $20$. If the interest were compounded half yearly, the difference in two interests (In ₹) will be
In how many years will ₹ $2,000$ yield ₹ $662$ as compound interest at $10 \%$ per Annum compounded annually?
A man borrows $Rs. 5100$ to be paid back with compound interest at the rate of $4 \%$ pa by the end of $2$ years in two equal yearly instalments. How much (In $Rs.$) will be each instalment?