What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
- A
$550$
- B
$551.25$
- C
$560$
- D
$560.75$
Similar Questions
Which of the statement given below are sufficient to answer the following question.
What is the rate of interest per annum on an investment of $Rs. 800 ?$
($I$) The income from $S.I.$ at the end of $3$ years at the same rate of interest is $19$
($II$) $C.I.$ is $15.76$ more than $S.I.$ on same sum $\&$ same rate in $2$ years
Which of the statement given below are sufficient to answer the following question.
What is the rate of interest per annum on an investment of $Rs. 800 ?$
($I$) The income from $S.I.$ at the end of $3$ years at the same rate of interest is $19$
($II$) $C.I.$ is $15.76$ more than $S.I.$ on same sum $\&$ same rate in $2$ years
A sum of money is paid back in two annual instalments of ₹ $17,640$ each, allowing $5 \%$ compound interest compounded annually. The sum borrowed was (In ₹)
A sum of money is paid back in two annual instalments of ₹ $17,640$ each, allowing $5 \%$ compound interest compounded annually. The sum borrowed was (In ₹)
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?
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?
The simple interest accrued on an amount of $Rs. 19800$ at the end of $3$ years is $Rs. 7128$. What would be the compound interest (In $Rs.$) accrued on the same amount at the same rate in the same period?
The simple interest accrued on an amount of $Rs. 19800$ at the end of $3$ years is $Rs. 7128$. What would be the compound interest (In $Rs.$) accrued on the same amount at the same rate in the same period?
The production of a factory grows at a $8 \%$ $p.a.$ What will be its production (In $lakh tonnes$) for the year $2010$ , if its production in $2008$ was $70$ lakh tonnes?
The production of a factory grows at a $8 \%$ $p.a.$ What will be its production (In $lakh tonnes$) for the year $2010$ , if its production in $2008$ was $70$ lakh tonnes?