If the compound interest on a certain sum of | vedclass

Name: PDF Generator App | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(c) Let the principal be $₹ P$. Then, $CI =P\left[\left(1+\frac{R}{100}\right)^{2}-1\right]$

$\Rightarrow \quad 328=P\left[\left(1+\frac{5}{100}\ri

Vedclass · Accepted Answer

$3200$

Vedclass · Answer

(c) Let the principal be $₹ P$. Then, $CI =P\left[\left(1+\frac{R}{100}ight)^{2}-1ight]$

$\Rightarrow \quad 328=P\left[\left(1+\frac{5}{100}ight)^{2}-1ight]=P\left[\left(\frac{21}{20}ight)^{2}-1ight]$

$\Rightarrow \quad 328=P\left(\frac{441}{400}-1ight)=P\left(\frac{441-400}{400}ight)=P\left(\frac{41}{400}ight)$

$\Rightarrow P=\frac{328 	imes 400}{41}=3200$

If the compound interest on a certain sum of money for $2$ years at $5 \%$ is ₹ $328,$ then the sum (In ₹) is

Similar Questions

If in a certain number of years, ₹ $3000$ amounts to ₹ $4320$ at a compound interest, in half that time ₹ $3000$ will amount to (In ₹)

Amit invested an amount of $Rs. 25000$ in fixed deposit @ $C.I.$ $8 \%$ per annum for $2$ $years$. What amount (In $Rs.$) Amit will get

If the compound interest on a certain sum for $2$ $years$ at $3 \%$ per annum is $Rs. 101.50$ , then the simple interest (In $Rs.$) on the same sum at the same rate and for the same time will be

What would be the $C.I.$ obtained on an amount of $12500$ at the rate of $12 \,p.c.p.a.$ after $2$ years (In $Rs.$) ?

A sum put out at $4 \%$ compound interest payable half-yearly amounts to ₹ $6632.55$ in $1 \frac{1}{2}$ years. The sum (In ₹) is