Home
Class 8
MATHS
The compound interest on ₹ 2000 in 2 yea...

The compound interest on ₹ 2000 in 2 years if the rate of interest is 4% per annum for the first year and 3% per annum for the second year will be

A

₹ `142.4`

B

₹ `140.4`

C

₹ `141.4`

D

₹ `143.4`

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • COMPOUND INTEREST

    S CHAND IIT JEE FOUNDATION|Exercise Question Bank - 19 (b)|15 Videos
  • COMPOUND INTEREST

    S CHAND IIT JEE FOUNDATION|Exercise Self Assessment Sheet - 19 |10 Videos
  • COMPOUND INTEREST

    S CHAND IIT JEE FOUNDATION|Exercise Self Assessment Sheet - 19 |10 Videos
  • CO-ORDINATE GEOMETRY

    S CHAND IIT JEE FOUNDATION|Exercise Self Assessment Sheet |10 Videos
  • DATA HANDLING

    S CHAND IIT JEE FOUNDATION|Exercise Self Assessment Sheet - 27|10 Videos

Similar Questions

Explore conceptually related problems

What is the Compound interest on 5000 in 3 years, if the rate of interest is 4% for the first year, 3% for the second year and 2% for the third year?

The compound interest is earned on a sum of money at a rate of 8% per annum for the first year and 10% per annum for the second year. Find the single equivalent rate of interest on the sum for the two years.

Find the compound interest on 18,750 in 2 years the rate of interest being 4% for the first year and 8% for the second year.

What will be the compound interest on a sum of Rs. 1875 after 2 years if the rate of interest for the first year is 4% and that for the second year is 8%?

What does Rs. 250 amount to in 2 years with compound interest at the rate of 4% per annum in the first year and 8% per annum in the second year?

S CHAND IIT JEE FOUNDATION-COMPOUND INTEREST -Question Bank - 19 (a)
  1. The difference between simple interest and compound interest on Rs ...

    Text Solution

    |

  2. In how many years will a sum of Rs. 800 at 10% per annum compound Inte...

    Text Solution

    |

  3. The compound interest on ₹ 16000 for 9 months at 20% p.a, compounded q...

    Text Solution

    |

  4. A sum of ₹ 24000 is borrowed for 1 1/2 years at the rate of interest ...

    Text Solution

    |

  5. An amount of ₹ x at compound interest at 20% per annum for 3 years bec...

    Text Solution

    |

  6. A man deposited ₹ 6000 in a bank at 5% simple interest. Another man de...

    Text Solution

    |

  7. The difference between compound interest and simple interest on a s...

    Text Solution

    |

  8. The compound interest on a sum of money for 2 years is Rs 832 and t...

    Text Solution

    |

  9. A money-lender borrows money at 4% per annum and pays the interest ...

    Text Solution

    |

  10. If a sum of money at compound interest amounts to thrice itself in 3 y...

    Text Solution

    |

  11. If the compound interest on a certain sum of money for 3 years at 10% ...

    Text Solution

    |

  12. If the amount is 2 1/4 times of the sum after 2 years, then the rate ...

    Text Solution

    |

  13. A sum of money invested at compound interest amounts in 3 years to ₹ 2...

    Text Solution

    |

  14. The compound interest on ₹ 2000 in 2 years if the rate of interest is ...

    Text Solution

    |

  15. Two partners A and B together lend ₹ 84100 at 5% compounded annually. ...

    Text Solution

    |

  16. A principal sum of money is lent out at compound interest compounded a...

    Text Solution

    |

  17. A man borrowed ₹ 5000 at 10% per annum compound interest. At the end o...

    Text Solution

    |

  18. The compound interest on a certain sum for 2 years at 10% per annum...

    Text Solution

    |

  19. Two friends A and B jointly lent out ₹ 81600 at 4% compound interest. ...

    Text Solution

    |

  20. Find the compound interest on Rs 24000 at 15% per annum for years...

    Text Solution

    |