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CBSE Class 8 Answered

Rahul deposited Rs 12000 in a bank for 2 years . If it is compounded annuallyat  p.aunt will he recieve on maturity?(at the end of two years 
Asked by Manju | 31 Dec, 2016, 06:52: PM
answered-by-expert Expert Answer
begin mathsize 16px style The space rate space of space interest space has space not space been space given space in space the space question. space space But space straight I space am space going space to space assume space it space is space 10 percent sign comma and space we space have space to space find space the space amount space at space the space end space of space 2 space years. You space can space alter space your space question space accordingly. straight P equals space Rs. space 12000 comma space space space straight N space equals space 2 space years comma space space space straight R space equals space 10 percent sign straight A equals straight P open parentheses 1 plus straight R over 100 close parentheses to the power of straight N rightwards double arrow straight A equals 12000 open parentheses 1 plus 10 over 100 close parentheses squared rightwards double arrow straight A equals 12000 open parentheses 11 over 10 close parentheses squared rightwards double arrow straight A equals 12000 cross times 121 over 100 rightwards double arrow straight A equals Rs. space 14520 Hence comma space the space amount space at space the space end space of space 2 space years space is space Rs. space 14520. end style
Answered by Rebecca Fernandes | 01 Jan, 2017, 08:58: AM

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CBSE 8 - Maths
find the compound interest after 4 years if the interest compounded annually . whose principal is ₹6250 and rate of interest is 20%.
Asked by swainradhamohan19 | 26 Feb, 2024, 10:03: PM
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CBSE 8 - Maths
The difference in CI and SI for 2 year on a sum of money is Rupees 250 If the sum is Rupees 6250 then find the rate percent
Asked by makolegupta | 27 Dec, 2023, 08:02: PM
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CBSE 8 - Maths
give me
question image
Asked by sohanbiswas692 | 23 Nov, 2023, 03:54: PM
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CBSE 8 - Maths
Rs. 10240 for 3years at 12 1/2%p.a compounded annually
Asked by bhuwanchandsharma476 | 09 Nov, 2023, 09:15: PM
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CBSE 8 - Maths
Rs. 10240 for 3years 12 2/2%p.a compounded annually
Asked by bhuwanchandsharma476 | 09 Nov, 2023, 09:14: PM
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CBSE 8 - Maths
Deepak borrowed rupees 18000 from his friend at the rate of 4% per annum simple interest for 2 years he learnt it to Sanjay at the same rate but compound annually find his gain after 2 years
Asked by singharchna060 | 01 Nov, 2023, 03:25: PM
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CBSE 8 - Maths
formula for CI
Asked by subhash6401 | 10 Sep, 2023, 06:27: PM
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CBSE 8 - Maths
A sum of money is invested at a compound interest for 9 months at 20 percent per annum compounded semi annually. If the interest were compounded quarterly, it would have fetched rs 210 more than in the previous case. Find the sum
Asked by GJain7394 | 20 Sep, 2022, 02:44: PM
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CBSE 8 - Maths
Ramen took a loan of 130000 from a finance company at the rate of 10 p.a. for 15 months to purchase a motor cycle .How much amount will he pay if the interest is calculated compounded quarterly ?
Asked by jeetabhi0012 | 25 Oct, 2021, 10:15: PM
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CBSE 8 - Maths
in how many years will Rs.882 amount to Rs.1100 at 5% per annum compounded annually
Asked by sohamosjsj05 | 20 Sep, 2021, 10:18: AM
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