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Find the compound interest on Rs. 1000 f...

Find the compound interest on Rs. 1000 for two years at 4% per annum.

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To find the compound interest on Rs. 1000 for two years at 4% per annum, we can follow these steps: ### Step 1: Identify the given values - Principal (P) = Rs. 1000 - Rate of interest (R) = 4% per annum - Time (T) = 2 years ### Step 2: Determine the number of compounding periods ...
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Find compound interest on Rs. 5000 for 2 years at 4% per annum

Find the compound interest on Rs 10,000 in 2 years at 4% per annum,the interest being compounded half yearly.

Knowledge Check

  • What is the difference between the compound interests on Rs. 5000 for 1(1)/(2) year at 4% per annum compounded yearly and half-yearly?

    A
    Rs. 2.04
    B
    Rs. 3.06
    C
    Rs. 4.80
    D
    Rs. 8.30
  • What is the difference between compound Interest on Rs. 5,000 for 1(1)/2 years at 4% per annum according as the interest is compounded yearly or halfyearly?

    A
    `Rs. 2.04`
    B
    `Rs. 3.06`
    C
    `Rs. 8.30 `
    D
    `Rs. 4.80 `
  • The compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly, is :

    A
    `Rs.636.80`
    B
    `Rs. 824.32`
    C
    `Rs. 912. 86`
    D
    `Rs. 828. 82`
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    The compound interest on Rs. 10,000 in 2 years at 4% per annum the interest being compounded half yearly, is :