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Find the amount and the compound interes...

Find the amount and the compound interest on Rs 2500 for 2 years at 10% per annum, compounded annually.

Text Solution

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The correct Answer is:
Amount= Rs 3025. CI= 525
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Knowledge Check

  • Find the compound interest on Rs 25000 for 3 years at 10% per annum, compounded annally.

    A
    `8255`
    B
    `8275`
    C
    `8285`
    D
    `8265`

  • The compound interest on Rs. 2800 for 1 1/2 years at 10% per annum compounded annually is

    A
    Rs. `441 cdot 35`
    B
    Rs. 3234
    C
    Rs. 420
    D
    Rs. `436 cdot 75`

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