Home
Class 14
MATHS
A certain sum amounts to Rs 1,323 in 2 y...

A certain sum amounts to Rs 1,323 in 2 years and to Rs 1389.15 in 3 years at r% p.a., when the interest is compounded yearly. What is the value of r?

A

6

B

4

C

5

D

2.5

Text Solution

AI Generated Solution

Promotional Banner

Similar Questions

Explore conceptually related problems

A sum amounts to Rs 6,050 in 2 years and to Rs 6, 655 in 3 years at a certain rate percentage p.a. when the interest is compounded yearly. What is the simple interest on a sum of Rs 6,000 at the same rate for 5(3)/(4) years ?

A sum amounts to Rs. 6,050 in years and to Rs. 6655 in 3 years at a certain rate percentage p.a .when the interest is compounded yearly .what is the simple interest on a sum of Rs. 6,000 at the same rate for 5(3)/(4) years ?

IF a sum amount to Rs 2190 in four years and Rs 2409 in five years at compound interest. When the interest is compounded yearly. Then the amount rate of interest is:

A certain sum amounts to Rs. 1000 after 3 years and Rs. 9000 after 5 years at a certain rate of interest compounded annually. What is the amount after 8 years in rupees?

A sum amounts to Rs7,562 in 4 years and to Rs8,469 .44 in 5 years, at a certain rate per cent per annum when the interest is compounded yearly. lf Rs 10.000 at the same rate of interest is borrowed for two years, then what will be the compound interest (in Rs}?