Question
In what time will Rs. 21000 amount to Rs. 27951 @ 10%
compound interest?Solution
A = P ( 1 + R/100)t 27951 = 21000 ( 1 + 10/100) t 27951 /21000 = (11/10)t 1331/1000 = (11/10) t (11/10)³ = (11/10) t t= 3 years The required time is 3 years.
More Simple and compound interest Questions
Determine the simplified value of the expression: 12 × 15 - 20 + 15 + 12 - 18 + 3 × 4 + 18.
12.5% of 45 % of 480 + 957/29 = ? -14 × 15
22 + 60 × 3 ÷ 12 = ?
(√121 + √196) × 7 =? × 5
Solve the following:
240 ÷ 4 × 512 ÷ 8
45% of 360 - 160 + ? = √324
[192 ÷ 6 × 5] ÷ (? + 3) = 20
What will come in place of (?) in the given expression.
{(60% of 250) + √144} ÷ (3² - 4) = ?1.25 × 36 + 2.75 × 40 = ? × 3.1
60 % of 640 - 57 × 2 - 1520 / 38 = ?