Question

The difference between the simple interest for two years

Q: Answer-The difference between the simple interest for two years and the compound interest for one year on a...

LetP100RsCalculationofCIin1yearCompoundedHalfyearly

and the compound interest for one year on a sum of money is Rs.273. In which compound interest is compounded half-yearly. What will be the amount when the annual rate of interest is 10%?

A 2400 Rs

B 2700 Rs

C 2800 Rs

D 2850 Rs

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More Simple and compound interest Questions

36% of 640 – 12.5% of 352 + 25% of 640 = ? – 48% of 432
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?/343 = 7/?
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The difference between the simple interest for two years

Solution

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