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If the rate of interest of Rs. 5000 is 1...

If the rate of interest of Rs. 5000 is 10% per annum for the first 2 yr and `15%` for the next 2 yr is given, then the compound interest is

A

Rs. 1680

B

Rs. 3001

C

Rs. 4100

D

Rs. 3750

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The correct Answer is:
To solve the problem of finding the compound interest on Rs. 5000 with different interest rates over 4 years, we will follow these steps: ### Step-by-Step Solution: 1. **Identify the Principal and Interest Rates:** - Principal (P) = Rs. 5000 - Rate for the first 2 years (R1) = 10% per annum - Rate for the next 2 years (R2) = 15% per annum 2. **Calculate the Amount after the First 2 Years:** - Use the compound interest formula: \[ A = P \left(1 + \frac{R}{100}\right)^T \] - For the first 2 years: \[ A_1 = 5000 \left(1 + \frac{10}{100}\right)^2 = 5000 \left(1 + 0.1\right)^2 = 5000 \times (1.1)^2 \] - Calculate \( (1.1)^2 \): \[ (1.1)^2 = 1.21 \] - Now calculate \( A_1 \): \[ A_1 = 5000 \times 1.21 = 6050 \] 3. **Calculate the Amount after the Next 2 Years:** - Now, use the amount from the first 2 years as the principal for the next 2 years: \[ A_2 = 6050 \left(1 + \frac{15}{100}\right)^2 = 6050 \left(1 + 0.15\right)^2 = 6050 \times (1.15)^2 \] - Calculate \( (1.15)^2 \): \[ (1.15)^2 = 1.3225 \] - Now calculate \( A_2 \): \[ A_2 = 6050 \times 1.3225 = 8001.125 \] 4. **Calculate the Compound Interest:** - The compound interest (CI) is given by: \[ CI = A - P \] - Substitute the values: \[ CI = 8001.125 - 5000 = 3001.125 \] 5. **Final Result:** - The compound interest after 4 years is approximately Rs. 3001.125. ### Conclusion: The compound interest on Rs. 5000 at 10% for the first 2 years and 15% for the next 2 years is approximately Rs. 3001.
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