Home
Class 8
MATHS
A sum is taken for two years at 16% p.a....

A sum is taken for two years at 16% p.a. If interest is compounded after every three months, the number of times for which interest is charged in 2 years is

A

8

B

4

C

6

D

9

Text Solution

AI Generated Solution

Promotional Banner

Topper's Solved these Questions

  • COMPARING QUANTITIES

    NCERT EXEMPLAR|Exercise Appications, Gamess and Puzzles|1 Videos

  • COMPARING QUANTITIES

    NCERT EXEMPLAR|Exercise Think and Discuss|2 Videos

  • COMPARING QUANTITIES

    NCERT EXEMPLAR|Exercise Think and Discuss|2 Videos

  • ALGEBRAIC EXPRESSIONS, IDENTITIES AND FACTORISATION

    NCERT EXEMPLAR|Exercise EXERCISE |328 Videos

  • DATA HANDLING

    NCERT EXEMPLAR|Exercise EXERCISE|73 Videos

Similar Questions

Explore conceptually related problems

The compound interest on a certain sum for 1 year at 8% p.a. interest compounded half-yearly. In Rs. 652.80 . What will be the simple interest on the same sum for 2(1)/(2) years at the same rate of interest ?

A certain sum becomes 16 times in 4 years at compound interest, compounded annually. What is the rate of interest?

Find the compound interest on X 31250 at 16% pa compounded quarterly for 9 months.

A sum of money is accumulating at compound interest at a certain rate of interest. If simple interest instead of compound were reckoned, the interest for the first two years would be diminished by 20 and that for the first three years, by 61. Find the sum.

NCERT EXEMPLAR-COMPARING QUANTITIES-Exercise
  1. Latika bought a teapot for Rs 120 and a set of cups for Rs 400. She so...

    Text Solution

    |

  2. A jacket was sold for Rs 1,120 after allowing a discount of 20%. The m...

    Text Solution

    |

  3. A sum is taken for two years at 16% p.a. If interest is compounded aft...

    Text Solution

    |

  4. The original price of a washing machine which was bought for Rs 13,500...

    Text Solution

    |

  5. Avinash bought an electric iron for Rs 900 and sold it at a gain of 10...

    Text Solution

    |

  6. A TV set was bought for Rs 26,250 including 5% VAT. The original price...

    Text Solution

    |

  7. 40% of [ 100 – 20% of 300] is equal to

    Text Solution

    |

  8. Radhika bought a car for Rs 2,50,000. Next year its price decreased by...

    Text Solution

    |

  9. is a reduction on the marked price of the article.

    Text Solution

    |

  10. Increase of a number from 150 to 162 is equal to increase of per cent...

    Text Solution

    |

  11. 15% increase in price of an article, which is Rs 1,620, is the increas...

    Text Solution

    |

  12. Discount=.

    Text Solution

    |

  13. Discount = Discount % of .

    Text Solution

    |

  14. is charged on the sale of an item by the government and is added to th...

    Text Solution

    |

  15. What is amount when compounded annually.

    Text Solution

    |

  16. Sales tax = tax % of .

    Text Solution

    |

  17. The time period after which the interest is added each time to form a ...

    Text Solution

    |

  18. expenses are the additional expenses incurred by a buyer for an item o...

    Text Solution

    |

  19. The discount on an item for sale is calculated on the .

    Text Solution

    |

  20. When principal P is compounded semi-annually at r % per annum for t ye...

    Text Solution

    |