Tag: compound interest formula with different successive rate of interest
Questions Related to compound interest formula with different successive rate of interest
The compound interest on Rs. 50,000 at 4% per annum for two years compounded anually is :
At what rate percent per annum will a sum of Rs. $2000$ amount to Rs. $2205$ in $2$ years at compound interest?
The cost of a car purchased 2 years ago depreciates at the rate of 20% per annum. If its present value is Rs 3, 15,600, find the value of the car after 2 years
What sum will amount to Rs. $32,967$ in $2$ years C.I., if the rates are $10$ per cent and $11$ per cent for the successive years?
What sum will amount to Rs. $65,934$ in $2$ years C.I., if the rates are $10$ per cent and $11$ per cent for the successive years?
Read the following statement carefully and select the correct option
statement - i : An article marked at rs 800 is sold at successive discount of 15% and 25%. If the buyer desires to sell. it off at a profit of 20% after allowing a 10% discount, then his marked price will be rs 680.
Statement- ii; if the amount of Rs p at 10% per annum for 3 year compounded annually becomes rs q, then q ; p is 125 ; 216.
Calculate the amount and the compound interest on :
A man deposits $Rs.\ 1200$ in a bank on the $1st$ day of each year. If the bank pays $5\%$ per annum compound interest on deposited sum of money, what will be the amount to his credit on the $10th$ day of the second year?
The sum on which the compound interest for second year at $10 \% \,p.a.$ is $Rs. \,132$ is given by
A certain sum becomes $3$ times itself in $4$ years at compound interest. In how many years does it become $27$ times itself?