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Mr Duggal invested Rs 20000 with rate...

Mr Duggal invested Rs 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half-yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of 2 years? (a) Rs 8040        (b) Rs 8800        (c) Rs 9040 (d) Rs 9800     (e) None of these

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Step by step text solution for Mr Duggal invested Rs 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half-yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of 2 years? (a) Rs 8040        (b) Rs 8800        (c) Rs 9040 (d) Rs 9800     (e) None of these by MATHS experts to help you in doubts & scoring excellent marks in Class 14 exams.

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Knowledge Check

  • Mr. Duggal invested 20000 with rate of interest "@" 20% per annum. The interest was compounded half-yearly for the first 1year and in the next year it was compounded yearly. What will be the total interest earned at the end of 2 years?

    A
    8800
    B
    9040
    C
    8040
    D
    9800

  • Rs 1600 lent at a compound interest of 5% per annum, compounded half yearly for one year will amount to:

    A
    Rs 1640
    B
    Rs 1680
    C
    Rs 1681
    D
    Rs 1764

  • What is the Compound Interest on Rs. 20,000 at 12% interest for 1 year, compounded half - yearly ?

    A
    Rs. 2,982
    B
    Rs. 2,742
    C
    Rs. 2,472
    D
    Rs. 4,274

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