Home
Class 10
MATHS
If interest is compounded at the interva...

If interest is compounded at the interval of 6 months, then find the amount of Rs. 20000 at the annual rate of compound inteest 20% in `1 1/2` years.

Text Solution

Verified by Experts

The correct Answer is:
Rs. 26620
Promotional Banner

Topper's Solved these Questions

  • COMPOUND INTEREST

    CALCUTTA BOOK HOUSE|Exercise TRUE/FALSE|5 Videos

  • COMPOUND INTEREST

    CALCUTTA BOOK HOUSE|Exercise FILL IN THE BLANKS|5 Videos

  • COMPOUND INTEREST

    CALCUTTA BOOK HOUSE|Exercise MCQ TYPE|10 Videos

  • APPLICATION OF TRIGONOMETRIC RATIOS: HEIGHTS AND DISTANCES

    CALCUTTA BOOK HOUSE|Exercise (Long-answer type question (LA) :)|11 Videos

  • CONCEPT OF MEASUREMENT OF ANGLES

    CALCUTTA BOOK HOUSE|Exercise EXERCISE - 1|38 Videos

Similar Questions

Explore conceptually related problems

Calculate the amount on Rs. 20000 at the rate of 5% compound interest per annum for 2 years.

If interest is compounded at the interval of 3 months, the amount of the principal Rs. A. at the rate of compound interest of b % per annum after c years is

Calculate the amount on Rs. 5000 at the rate of 8% compound interest per annum for 3 years.

Compound interest on R 1000 at the rate of 10% compound interest per annum in 1 year is

If the amount of Rs 400 in 2 years is Rs 441, find the annual rate of compound interest.

The amount on Rs. 1000 for 2 years at the rate of 5% compound interest per annum is

If interest is compounded half yearly what will be the compound interest and amound on ₨. 8,000 at the rate of 10% compound interest per annum for 1 1/2 years?

If the intertest compounded at the interval of 6 months and the rate of compound interest be 5% per annum, then in how years will Rs. 64000 amount to Rs. 68921?

A sum of money was invested in a monetary fund for 2 years at the rate of compound interest of 20% per annum. If interest had been compounded at the interval of 6 months , then the compound interest would be Rs. 482 more of the same principal at the same rate of interest. Find the sum of money invested.

At the rate of compound interest 5% per annum, find the amount of Rs. 80000 in 2 1/2 years.