$A$ person takes a loan of ₹ $10,000$ at an interest rate of $10 \%$ compounded annually for a period of $4$ years. How much interest (in ₹) does he have to pay?

  • A
    $4371$
  • B
    $4581$
  • C
    $4641$
  • D
    $4641$

Explore More

Similar Questions

The value of a machine depreciates at the rate of $12\%$ per annum. It was purchased $3$ years ago. Its present value is $Rs. 29644.032$. What was the purchase price (in $Rs.$) of the machine?

The least number of completed years in which a sum of money put out at $20 \%$ $C.I.$ will be more than doubled is

If a sum of money placed at compound interest,compounded annually,doubles itself in $5$ years,then the same amount of money will be $8$ times of itself in how many years?

The difference between the $S.I.$ and $C.I.$ obtained on a principal amount at $5$ $p.c.p.a.$ after $2$ years is $Rs. 35$. What is the principal amount (in $Rs.$)?

The difference between the compound interest and simple interest on a certain sum at $5 \%$ per annum for $2$ years is ₹ $1.50$. The sum is (in ₹):

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo