Question
What will be the compound interest earned on an
investment of Rs. 20,000 over a period of 3 years at an annual interest rate of 12%, compounded yearly?Solution
Compound interest received = 20000 X {1 + (12/100)} 3 Â - 20000
= 20000 X (112/100) 3 Â - 20000
= 28098.56 – 20000 = Rs. 8,098.56
More Simple and compound interest Questions
√ (12+√ (12+√ (12+ ⋯ ∞ ))Â
[4(1/3) + 4(1/4)] × 24 – 62 = ?2
Determine the value of 'p' in the expression.
28 ÷ 22p + 1 = 43Â
What will come in place of (?) in the given expression.
(18 + 24 ÷ 6) × 2 - 5 = ?(117 + 93 - 10) ÷ 40 = ? - 12 X 2
Find the value of 16 X [(8 - 5) of 12 ÷ 4].
What will come in the place of question mark (?) in the given expression?
(24 2 – 16 2 ) + 75% of 40% of 480 = ?
If 1560 ÷ 30 + 2025 ÷ 45 - z + 33 × 7 = 1848 ÷ 24 × 234 ÷ 39, then the value of z is:
4.7 × 3.5 + 4.2 × 4.5 = 22.5 × 3.5 - ?
2/5 of 3/4 of 7/9 of 14400 = ?
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