In how many years will ₹ $2,000$ yield ₹ $662$ as compound interest at $10 \%$ per Annum compounded annually?

  • A

    $3$

  • B

    $2$

  • C

    $4$

  • D

    $5$

Similar Questions

What is the difference between the compound interests (In  ₹ ) on ₹ $5000$ for $1 \frac{1}{2}$ years at $4 \%$ per annum compounded yearly end half-yearly?

In how many years will a sum of ₹ $800$ at $10 \%$ per annum compound interest, compounded semiannually becomes ₹ $926.10$?

A sum of ₹ $1260$ is borrowed from a money lender at $10 \%$ p.a. compounded annually. If the amount is to be paid back in two equal annual instalments, find out the annual instalment (In ₹).

If $64000$ is deposited at $5 \%$ compound interest for a period of $18$ months, interest being compounded half-yearly, find the amount.

If the compound interest on a sum for $2$ years at $12 \frac{1}{2} \%$ per cent is ₹ $510$, the simple interest (In ₹) on the same sum at the same rate for same period of time is