Advertisements
Advertisements
प्रश्न
The compound interest on a sum of Rs P for T years at R% per annum compounded annually is given by the formula `P(1 + R/100)`.
पर्याय
True
False
Advertisements
उत्तर
This statement is False.
Explanation:
The compound interest on a sum of ₹ P for T years at R% per annum compounded annually is given by the formula,
Compound interest = A – P
Where, `A = P(1 + R/100)^T`
APPEARS IN
संबंधित प्रश्न
Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find.
1) The amount credited against her name at the end of the second year
2) The interest for the 3rd year.
Find the amount and the compound interest on Rs 10,000 for `1 1/2` years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?
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?
What sum will amount to Rs 4913 in 18 months, if the rate of interest is \[12\frac{1}{2} \%\] per annum, compounded half-yearly?
At what rate percent compound interest per annum will Rs 640 amount to Rs 774.40 in 2 years?
Find the rate at which a sum of money will double itself in 3 years, if the interest is compounded annually.
Ishita invested a sum of Rs 12000 at 5% per annum compound interest. She received an amount of Rs 13230 after n years. Find the value of n.
What sum of money will amount to Rs 45582.25 at \[6\frac{3}{4} %\] per annum in two years, interest being compounded annually?
If amount on the principal of Rs 6,000 is written as `6000 [1 + 5/100]^3` and compound interest payable half yearly, then rate of interest p.a. is ______ and time in years is ______.
If principal = Rs 1,00,000. rate of interest = 10% compounded half yearly. Find amount after 6 months.
