Home
Class 8
MATHS
Rakesh lent out Rs 10000 for 2 years at ...

Rakesh lent out Rs 10000 for 2 years at 20% per annum, compounded annually. How much more he could earn if the interest be compounded half-yearly?

Promotional Banner

Similar Questions

Explore conceptually related problems

Rs 10000 for 2 years at 11% per annum compounded annually.

M/S Heera Associates let out Rs4,00,000 for one year at 16% per annum compounded annually.How much they could earn if the interest is compounded half-yearly?

Neeraj lent Rs 65536 for 2 years at 12(1)/(2)% per annum, compounded annually. How much more could he earn if the interest were compounded half-yearly?

Find the compound interest on Rs 10000 for 1 year at 20% per annum compounded quarterly.

Find the compound interest on Rs 10000 for 1 year at 20% per annum compounded quarterly.

Find the amount and the compound interest on Rs 10,000 for 1(1)/(2) years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?

Calculate the amount and compound interest on (a) Rs 10,800 for 3 years at (12) 1/2% per annum compounded annually. (b) Rs 18,000 for (2)1/2 years at 10% per annum compounded annually. (c) Rs 62,500 for (1)1/2 years at 8% per annum compounded half yearly. (d) Rs 8,000 for 1 year at 9% per annum compounded half yearly. (You could use the year by year calculation using SI formula to verify). (e) Rs 10,000 for 1 year at 8% per annum compounded half yearly.