Home
Class 9
MATHS
Mr. Duggal invested 20000 with rate of i...

Mr. Duggal invested 20000 with rate of interest `"@"` 20% per annum. The interest was compounded half-yearly for the first 1year and in the next year it was compounded yearly. What will be the total interest earned at the end of 2 years?

A

Rs. 9040

B

Rs. 8800

C

Rs. 9800

D

Rs. 8040

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • IMO QUESTION PAPER 2020 SET 1

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section|5 Videos

  • IMO QUESTION PAPER 2020 SET 1

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section|5 Videos

  • IMO QUESTION PAPER 2018 SET B

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section |5 Videos

  • IMO QUESTION PAPER 2020 SET 2

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section|5 Videos

Similar Questions

Explore conceptually related problems

Mr Duggal invested Rs 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half-yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of 2 years? (a) Rs 8040 (b) Rs 8800 (c) Rs 9040 (d) Rs 9800 (e) None of these

Ankur invested a sum of Rs.16,800 for four years in a scheme.The rate of interest in the scheme is 8%" per annum compounded yearly for the first two years and 10% for the 3rd and 4th years compounded yearly.What will be the compound interest at the end of 4 years?

A sum of Rs. 10,000 is deposited for 1 year at the rate of interest 10% compounded half yearly. What will be the interest at the end of one year ?

A sum of Rs. 2500 is invested for 2 years at 20% per annum, interest compounded half-yearly. Find the compound interest.

The compound interest on Rs. 10,000 in 2 years at 4% per annum the interest being compounded half yearly, is :

If the rate of interest is 10% per annum and is compound half-yearly. then the principle of ₹400 in 3/2 years will amount to

If the rate of interest is 10% per annum and is compounded half yearly, the principal of Rs. 400 in 3/2 years will amount to

The compound interest on Rs 6250 at 8% per annum for 1 year, compounded half yearly, is