Home
Class 14
MATHS
What is the compound interest on a sum o...

What is the compound interest on a sum of Rs 7200 for `2(2/5)` years at 20% p.a. interest compounded yearly (nearest to an integer)

A

Rs. 3,960

B

Rs. 4,290

C

Rs. 3,997

D

Rs. 4,205

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Similar Questions

Explore conceptually related problems

What is the compound interest on a sum of Rs7200 for 2 2/5 years at 20%p.a., interest compounded yearly (nearest to an integer)? 7200 रुपये की राशि पर 20% प्रति वर्ष की दर से 2 2/5 वर्षों का चक्रवृद्धि ब्याज ज्ञात करें, जिसकी चक्रवद्धि वार्षिक है | (एक पूर्णांक के निकटतम )

What is the compound interest on a sum of ₹7500 for 2 (3)/(4) years at 8% p.a., the interest being compounded yearly? (nearest to an integer)

The compound interest on a sum of ₹ 24500 at 10% p.a for 2 (2)/(5) years interest compounded yearly is:

The simple interest on a certain sum for 3(1)/(2) years at 10% per annum in Rs.2,940. What will be the compound interest on the same sum for 2(1)/(2) years at the same rate when interest in compounded yearly (nearest to a rupee) ?

Compute the compounded interest on Rs 12000 for 2 years at 20% per annum when compounded half-yearly.

The compound interest on a sum of Rs. 15,000 at 15% p.a. for 2 (2)/(3) years, interest compounded annually , is (nearest to Rs. 1):