C.I. on Rs. 10000 at 20 % per annum at end of 1 year 6 month, if interest is calculated half yearly

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6.Interest

medium

The $C.I.$ on $Rs. 10000$ at $20 \%$ per annum at the end of $1$ year $6$ month, if the interest is calculated half yearly will be

$4340$

$5320$

$3310$

$4590$

Solution

Rate $=\frac{20}{2}=10 \%,$ Time $=\frac{3}{2} \times 2=3$ years

$[\therefore CI$ is calculated half yearly $]$ $C I=10000\left[\left(1+\frac{10}{100}\right)^{3}-1\right]=10000\left[\left(\frac{11}{10}\right)^{3}-1\right]=\operatorname{Rs} .3310$

Standard 13

Quantitative Aptitude

What sum of money (In ₹) at compound interest will amount to ₹ $650$ at the end of the first year and ₹ $676$ at the end of the second year?

medium

A certain sum at compound interest amounts in two years to ₹ $2809$ and in three years to ₹ $2977.54 .$ Find the rate of interest and the original sum (In ₹).

medium

Mr. Dua invested money in two schemes $A$ and $B$ offering compound interest at $8 \%$ per annum and $9 \%$ per annum respectively. If the total amount of ineterest accrued through two schemes together in two years was ₹ $4818.30$ and the total amount invested was ₹ $27000$ . What was the amount (In ₹) invested in scheme $A$.

hard

The compound interest (In ₹) on ₹ $5,000$ for $3$ years at $10 \%$ per cent will amount to

easy

The $S.I.$ is $Rs. 7200$ on $12$ $p.c.p.a.$ for $6$ years on a sum. What is $C.I.$ (In $Rs.$) on $5$ $p.c.p.a$ for $2$ years?

medium

The $C.I.$ on $Rs. 10000$ at $20 \%$ per annum at the end of $1$ year $6$ month, if the interest is calculated half yearly will be

Solution

Similar Questions

What sum of money (In ₹) at compound interest will amount to ₹ $650$ at the end of the first year and ₹ $676$ at the end of the second year?

A certain sum at compound interest amounts in two years to ₹ $2809$ and in three years to ₹ $2977.54 .$ Find the rate of interest and the original sum (In ₹).

The compound interest (In ₹) on ₹ $5,000$ for $3$ years at $10 \%$ per cent will amount to

The $S.I.$ is $Rs. 7200$ on $12$ $p.c.p.a.$ for $6$ years on a sum. What is $C.I.$ (In $Rs.$) on $5$ $p.c.p.a$ for $2$ years?

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