Home
Class 14
MATHS
A sum of ₹94.00 is borrowed at 20 % per ...

A sum of ₹94.00 is borrowed at 20 % per annum compounded annually. If the amount is to be paid in two years. the amount will be

A

₹131,040

B

₹132,800

C

₹132,500

D

None of these

Text Solution

Verified by Experts

` A = 9400 ( 1 + 20/100)^(2)`
` 9400 xx 36/25`
₹13536
Promotional Banner

Topper's Solved these Questions

  • SERIES

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQs|280 Videos

  • SIMPLIFICATION

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQ|332 Videos

Similar Questions

Explore conceptually related problems

A sum of Rs. 91,000 is borrowed at 20% per annum compounded annually. If the amount is to be paid in two years, the amount will be?

A sum of Rs. 1260 is borrowed from a money lender at 10% per annum compounded annually. If the amount is to be paid back in two equal annual installments, find the annual installment.

A sum of ₹ 6250 at 8% per annum, compounded annually, after 2(3)/(4) years amounts to

In what time will a sum of ₹ 3750 at 20% per annum compounded annually amount to ₹6480?

What sum will Rs00 amount to Rs882 at 5% per annum compounded annually?

Sailesh lends a sum of Rs. 6000 to Kalyan at the rate of 10% per annum compounded annually. Find the amount at the end of 2 years.

A person borrowed a sum of Rs. 8000 at the rate of 10% per annum compounded semi-annually. Find the amount and compound interest for a period of one year.

IBPS & SBI PREVIOUS YEAR PAPER-SIMPLE INTEREST AND COMPOUND INTEREST -MCQs
  1. A sum of rupees 3903 is divided between P and Q such that the share of...

    Text Solution

    |

  2. Ankita borrows Rs.7000 at simple Interest from a lende. At the end of ...

    Text Solution

    |

  3. The differnce between compound interest compounded every 6 months and ...

    Text Solution

    |

  4. A certain sum of money at certain rate of interest becomes ₹3420 after...

    Text Solution

    |

  5. A sum of money becomes ₹35,280 after 2 years and ₹37.044 after 3 years...

    Text Solution

    |

  6. A certain sum of money amounts to Rs. 2900 at 4 % per annum in 4 ye...

    Text Solution

    |

  7. A sum of ₹94.00 is borrowed at 20 % per annum compounded annually. If ...

    Text Solution

    |

  8. A man invested ₹4000 in a scheme giving 20% p.a. compound interest for...

    Text Solution

    |

  9. Ramesh had a sum of money .Two-third of the total money he invested in...

    Text Solution

    |

  10. saket has deposited a certain amount in the bank to earn compound inte...

    Text Solution

    |

  11. A sum of ₹5500 is invested in two parts in simple interest such that ...

    Text Solution

    |

  12. The difference between simple interest and compound. Interest at the r...

    Text Solution

    |

  13. A man invested a certain sum in scheme A at 20% p.a. for 3 years and e...

    Text Solution

    |

  14. The S.I on a sum for the period of 2 years at 8 % P.a is ₹225 less tha...

    Text Solution

    |

  15. A sum becomes 1.6 times of itself in five years at simple rate of inte...

    Text Solution

    |

  16. Ramesh invested two equal amounts in two different schemes. In the fir...

    Text Solution

    |

  17. The differnce between C.I and S.I. On a certain sum at the rate of 10%...

    Text Solution

    |

  18. Interest earned on an amount after 2 years at 20% p.a compounded yearl...

    Text Solution

    |

  19. Rajni invested ₹15000 at simple interest for 2 years at the rate of R%...

    Text Solution

    |

  20. Nirmal invested an amount at the rate of 10% p.a on compound interest ...

    Text Solution

    |