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Simple Interest on a Sum of Money for 2 Years at 6 1 2 per Annum is Rs 5200. What Will Be the Compound Interest on the Sum at the Same Rate for the Same Period?

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प्रश्न

Simple interest on a sum of money for 2 years at \[6\frac{1}{2} %\] per annum is Rs 5200. What will be the compound interest on the sum at the same rate for the same period?

योग
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उत्तर

\[P = \frac{SI \times 100}{RT}\]
\[ \therefore P = \frac{5, 200 \times 100}{6 . 5 \times 2}\]
\[ = 40, 000\]
Now, 
\[A = P \left( 1 + \frac{R}{100} \right)^n \]
\[ = 40, 000 \left( 1 + \frac{6 . 5}{100} \right)^2 \]
\[ = 40, 000 \left( 1 . 065 \right)^2 \]
\[ = 45, 369\]
Also, 
CI = A - P
 = 45, 369 - 40, 000
 = 5, 369
Thus, the required compound interest is Rs 5, 369.

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