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14. Compound Interest
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Q2 of 89 Page 14

What will be the compound interest on Rs. 4000 in two years when rate of interest is 5% per annum?

Given,


Principal = Rs.4000


Time = 2 years


Rate = 5 % per annum


Compound interest =


=


More from this chapter

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1

Find the compound interest when principal = Rs. 3000, rate = 5% per annum and time = 2 years.

3

Rohit deposited Rs. 8000 with a finance company for 3 years at an interest of 15% per annum. What is the compound interest that Rohit gets after 3 years?

4

Find the compound interest on Rs. 1000 at the rate of 8% per annum for 1 years when interest is compounded half yearly.

5

Find the compound interest on Rs. 160000 for one year at the rate of 20% per annum, if the interest is compounded quarterly.

Questions · 89
14. Compound Interest
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