Home
Class 14
MATHS
Vijay obtains a loan of Rs. 64000 agains...

Vijay obtains a loan of Rs. 64000 against his fixed deposits. If the rate of interest by 2.5 paise per rupee per annum, calculate the compound interest payable after 3 years.

A

Rs.4921

B

Rs.5020

C

Rs.4821

D

Rs.4920

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • CHAIN RULE

    UPKAR PUBLICATION |Exercise QUESTION BANK |43 Videos
  • DATA ANALYSIS

    UPKAR PUBLICATION |Exercise QUESTION BANK|75 Videos

Similar Questions

Explore conceptually related problems

Karuna took loan of Rs64000 from money deposited in fixed deposit scheme.If the rate of interest is 2.5 paise per rupee per annum,then find the compound interest of three years.

Swati took a loan Rs 16000 against her insurance policy at the rate of 12.5% per annum. Calculate the total compound interest payable by swati after 3 years.

Diljit received a sum of Rs 40000 as a loan from a finance company. If the rate of interest is 7% per annum compounded annually, calculate the compound interest that Diljit pays after 2 years.

Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is 5.5% per annum compounded annually, determine the compound interest which anil will have to pay after 3 years.

Surabhi borrowed a sum of Rs 12000 form a finance company to purchase a refrigerator. If the rate of interest is 5% per annum compounded annually, calculate the compound interest that Surabhi has to pay to the company after 3 years.

Find the amount of Rs. 8000 in 1 year at 5% per annum compound interest payable half-yearly

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?

A sum of Rs. 3000 is invested on compound interest (compounded anually) at the rate of interest 20% per annum What is the compound interest for 2 years ?

Rajan makes fixed deposit of Rs. 8000 in a bank, for a period of 2 years. If the rate interest is 10% per annum compound nnually, find the amount payable to him by the bank after two years.

At what rate of interest per annum, under compound interest, will Rs 5120 amount to Rs 7290 in 3 years?

UPKAR PUBLICATION -COMPOUND INTEREST-QUESTION BANK
  1. A sum of money put out at compound interest amounts in 2 years to Rs. ...

    Text Solution

    |

  2. Find what is that first year in which a sum of money will become more ...

    Text Solution

    |

  3. Find the compound interest on Rs 8000 for 1 (1/2) years at 10% per ann...

    Text Solution

    |

  4. If the interest of a certain sum for the first year at 8% p.a. compoun...

    Text Solution

    |

  5. If the simple interest on certain sum of money be Rs. 40 for 2 years a...

    Text Solution

    |

  6. Neeraj saves Rs. 400 at the end of each year and lends this saving at ...

    Text Solution

    |

  7. If the compound interest of a certain sum of money for 2 years at 5% p...

    Text Solution

    |

  8. What will be the approximate compound interest on Rs. 10105 at 10% p.a...

    Text Solution

    |

  9. The compound interest on a certain sum for two successive years are Rs...

    Text Solution

    |

  10. The cash price of a refrigerator is Rs. 7044. A customer paid Rs. 2000...

    Text Solution

    |

  11. A moneylender lends Rs. 2000 for 6 months at 20% per annum whereas the...

    Text Solution

    |

  12. If a sum of money placed at compound interest becomes 3 times of itsel...

    Text Solution

    |

  13. In what time will Rs. 6250 amount to Rs. 6632·55 at 4% compound intere...

    Text Solution

    |

  14. The least number of complete years in which a sum of money put out at ...

    Text Solution

    |

  15. In what time will Rs. 390625 amount to Rs. 456976 at 4 percent compoun...

    Text Solution

    |

  16. Find the effective annual rate of 4 per cent per annum compound intere...

    Text Solution

    |

  17. Find the effective annual rate of 5 percent per annum compound interes...

    Text Solution

    |

  18. A person invested a certain amount at simple interest at the rate of 6...

    Text Solution

    |

  19. The difference between the simple and the compound interest compounded...

    Text Solution

    |

  20. Vijay obtains a loan of Rs. 64000 against his fixed deposits. If th...

    Text Solution

    |