Sita deposited Rs. 5000 at 10 % simple intere | vedclass

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

Question

Rate $=5 \%, \quad$ Time $=4$ half-years By the Formula

$CI = P \left[\left(1+\frac{ r }{100}\right)^{ t }-1\right]=5000\left[\left(1+\frac{5}{100}

Vedclass · Accepted Answer

$77.50$

Vedclass · Answer

Rate $=5 \%, \quad$ Time $=4$ half-years By the Formula

$CI = P \left[\left(1+\frac{ r }{100}ight)^{ t }-1ight]=5000\left[\left(1+\frac{5}{100}ight)^{4}-1ight]=5000\left[\frac{194481}{160000}-1ight]$

$=\frac{5000 	imes 34481}{160000}=\operatorname{Rs} .1077 .5$

$SI =\frac{5000 	imes 10 	imes 2}{100}= Rs \cdot 1000$

Difference $=1077.5-1000= Rs .77 .5$

Sita deposited $Rs. 5000$ at $10 \%$ simple interest for $2$ years. How much more money (In $Rs.$) will Sita have in her account at the end of $2$ years, if it is compounded semi-annually?

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?

The compound interest (In ₹) on ₹ $10000$ at $20 \%$ per annum at the end of $1$ year $6$ months if the interest is calculated half-yearly will be

Find the least number of complete years in which a sum of $Rs. 1500$ at $25 \%$ compound interest will be more than double.

If the simple interest on a sum of money for $2$ years at $5 \%$ per annum is ₹ $50,$ what is the compound interest (In ₹) on the same sume at the same rate and for the same time?

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