Question
Anjali invested Rs.14000 in a scheme offering compound
interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from the scheme is Rs.2940 then find the value of ‘x’.Solution
According t the question, => 2940 = 14000 x [(100 + x)/100]2 – 14000 => 16940 = 1.4 x (100 + x)2 => (100 + x)2 = 12100 => x = 110 – 100 => x = 10
More Simple and compound interest Questions
?2 + 114 - 48 ÷ 2 × 5 = 163
What will come in the place of question mark (?) in the given expression?
48 X 2.5 + 20% of 150 = ? + 166
54% of 250 = 6 × 21 + √?
What will come in the place of question mark (?) in the given expression?
(125 × 64) ÷ (8 × 5) + (12.5)² – (144 ÷ 3) = ?
...Evaluate: (936 ÷ 12) × (225 ÷ 15) − (144 ÷ 12) × 18
1404 ÷ 26 x 3 + 7 = ?2
(5.6 + 2.4 + 13.8 – 2.8) × 5 = ? × (12.5 – 7.5)
400 % of 20 + 65 % of 620 - 92 × 5 = ?
3% of 842 ÷ 2% of 421 = ?
