Home
Class 14
MATHS
A sum of Rs. 15000 is invested at 10% co...

A sum of Rs. 15000 is invested at `10%` compound interest for 2 years. Find the amount after 2 years.

A

Rs. 15510

B

Rs. 18150

C

Rs. 19820

D

Rs. 18754

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

A sum of Rs 900 is invested at compound interest (compounded annully) for 2 years. If the rate of interest is 10% per annum, then what be the amount?

A sum of Rs. 22000 is invested at compound interest (compounding annually). If the rate of interest is 10% per annum, then what will be the amount after 3 year?

An amount of Rs. 14,000 is invested at the rate of 20% compounded annually for 2 years. Find the sum received after 2 years.

The compound interest on Rs 5000 at 10% per annum for 2 years is

Mohan invested an amount of Rs. 15000 at compound interest rate 5% p.a. for a period of 2 years. What amount will receive at the end of 2 years?

Sum of money invested at compound interest amounts to Rs. 4624 in 2 years and Rs. 4913 in 3 years. The sum of money is-