Sita deposited Rs. 5000 at 10 % simple interest for 2 years. How much more money (In Rs. ) will Sita

English

Gujarati

Hindi

6.Interest

medium

Sita deposited $Rs. 5000$ at $10 \%$ simple interest for $2$ years. How much more money (In $Rs.$) will Sita have in her account at the end of $2$ years, if it is compounded semi-annually?

$50$

$40$

$77.50$

$85.50$

Solution

Rate $=5 \%, \quad$ Time $=4$ half-years By the Formula

$CI = P \left[\left(1+\frac{ r }{100}\right)^{ t }-1\right]=5000\left[\left(1+\frac{5}{100}\right)^{4}-1\right]=5000\left[\frac{194481}{160000}-1\right]$

$=\frac{5000 \times 34481}{160000}=\operatorname{Rs} .1077 .5$

$SI =\frac{5000 \times 10 \times 2}{100}= Rs \cdot 1000$

Difference $=1077.5-1000= Rs .77 .5$

Standard 13

Quantitative Aptitude

What would be the compound interest (In ₹) accrued on an amount of ₹ $7,400$ @ $13.5$ $p.c.p.a.$ at the end of two years? (rounded off to two digits after decimal)

medium

An amount of ₹ $12500$ is deposited for a period of $2$ years at an interest of $4 \%$ per annum. Find the difference between simple interest and compound interest (In ₹) $10$ for the deposit.

medium

A sum of $Rs. 8448$ is to be divided between $X$ and $Y$ who are respectively $18$ and $19 \,yr$ old, in such a way that if their shares be invested at $6.25 \%$ per annum at compound interest, they will receive equal amounts on attaining the age of $21 \,yr$. The present share of $X$ is (In $Rs.$)

hard

The difference between the $S.I.$ and $C.I.$ obtained on principal amount at $5$ $p.c.p.a.$ after $2$ years is $Rs. 35 .$ What is principal amount (In $Rs.$).

easy

In certain years a sum of money is doubled itself at $6 \frac{1}{4} \%$ simple interest per annum, then the required time (In $years$) will be

easy

Sita deposited $Rs. 5000$ at $10 \%$ simple interest for $2$ years. How much more money (In $Rs.$) will Sita have in her account at the end of $2$ years, if it is compounded semi-annually?

Solution

Similar Questions

What would be the compound interest (In ₹) accrued on an amount of ₹ $7,400$ @ $13.5$ $p.c.p.a.$ at the end of two years? (rounded off to two digits after decimal)

An amount of ₹ $12500$ is deposited for a period of $2$ years at an interest of $4 \%$ per annum. Find the difference between simple interest and compound interest (In ₹) $10$ for the deposit.

A sum of $Rs. 8448$ is to be divided between $X$ and $Y$ who are respectively $18$ and $19 \,yr$ old, in such a way that if their shares be invested at $6.25 \%$ per annum at compound interest, they will receive equal amounts on attaining the age of $21 \,yr$. The present share of $X$ is (In $Rs.$)

The difference between the $S.I.$ and $C.I.$ obtained on principal amount at $5$ $p.c.p.a.$ after $2$ years is $Rs. 35 .$ What is principal amount (In $Rs.$).

In certain years a sum of money is doubled itself at $6 \frac{1}{4} \%$ simple interest per annum, then the required time (In $years$) will be

Start a Free Trial Now