What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?
- A
$550$
- B
$551.25$
- C
$560$
- D
$560.75$
Similar Questions
If the difference between the simple interest and compound interest earned on an amount @ $15$ $p.c.p.a.$ at the end of $3$ years is $Rs. 595.35$ what is the amount (In $Rs.$) ?
If the difference between the simple interest and compound interest earned on an amount @ $15$ $p.c.p.a.$ at the end of $3$ years is $Rs. 595.35$ what is the amount (In $Rs.$) ?
How many statements are useful for find this :
What is the rate of interest percent $p.a.$?
$Statements:$
$I$. The difference between the compound interest and simple interest earned in two years on the amount invested is ₹ $100$.
$II$. The amount becomes ₹ $19,500$ in three years on simple interest.
$III$.The simple interest accrued in two years on the same amount at the same rate of interest is ₹ $3,000$.
How many statements are useful for find this :
What is the rate of interest percent $p.a.$?
$Statements:$
$I$. The difference between the compound interest and simple interest earned in two years on the amount invested is ₹ $100$.
$II$. The amount becomes ₹ $19,500$ in three years on simple interest.
$III$.The simple interest accrued in two years on the same amount at the same rate of interest is ₹ $3,000$.
The compound interest earned by Shivam on a certain amount at the end of $2$ years at the rate of $8 \,p.c.p.a.$ was $Rs. 1414.4 .$ What was the total amount that Shivam got back at the end of $2$ years in the form of principal plus interest earned (In $Rs.$) ?
The compound interest earned by Shivam on a certain amount at the end of $2$ years at the rate of $8 \,p.c.p.a.$ was $Rs. 1414.4 .$ What was the total amount that Shivam got back at the end of $2$ years in the form of principal plus interest earned (In $Rs.$) ?
A sum of money, deposited at some rate $p.c.p.a.$ of compound interest, doubles itself in $4$ years. In how many years will it become $16$ times of itself at the same rate?
A sum of money, deposited at some rate $p.c.p.a.$ of compound interest, doubles itself in $4$ years. In how many years will it become $16$ times of itself at the same rate?
In year $2008,5000$ students were admitted in a college. It is found that the number of students admitted is constantly increasing by $24$ per cent per year. How many students will be admitted in the college in the year $2010 ?$
In year $2008,5000$ students were admitted in a college. It is found that the number of students admitted is constantly increasing by $24$ per cent per year. How many students will be admitted in the college in the year $2010 ?$