A sum of ₹ 15000 deposited at compound intere | vedclass

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Question

or $15000\left(1+\frac{R}{100}ight)^{5}=30000$

$\left(1+\frac{R}{100}ight)^{5}=2$

$\begin{aligned} 	herefore \quad 15000\left(1+\frac{R}{10

Vedclass · Accepted Answer

$240000$

Vedclass · Answer

or $15000\left(1+\frac{R}{100}ight)^{5}=30000$

$\left(1+\frac{R}{100}ight)^{5}=2$

$\begin{aligned} 	herefore \quad 15000\left(1+\frac{R}{100}ight)^{20} &=15000\left[\left(1+\frac{R}{100}ight)^{5}ight]^{4} \ &=15000 	imes 2^{4}=2,40,000 \end{aligned}$

: Amount after 20 years $=₹ 2,40,000$

A sum of ₹ $15000$ deposited at compound interest becomes double after $5$ $years.$ After $20$ $years$, it will become (In ₹)

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