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How many years will a sum of Rupees 800 at 10\% per annum?

How many years will a sum of Rupees 800 at 10\% per annum?

In how many years will a sum of money 800 Rs. at 10\% per annum compound interest, compounded semi annually becomes 926.10 Rs.? Hence option [B] is correct answer.

How many years will rupees 1800 amount to rupees 2178 at 10\% per annum compounded annually?

two years
Detailed Solution. ∴ In two years the amount of Rs 1,800 will become Rs 2,178 at 10\% compounded annually.

What sum of money will amount to rupees 926?

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4. What sum of money becomes Rs 9261 in 3 years at 5 \% per annum, compounded annually? ∴ The sum is 8000.

At which rate of simple interest a sum becomes double in 16 years?

Step-by-step explanation: Question says sum becomes double in 16 years ie 100 will become (100+100)=200. Therefore it increases 100\% in 16 year Eg.

Which sum at 10\% rate of interest will amount to rupees 1800 in 8 years?

Answer: 839.71. Which sum at 10\% rate of interest will amount to rs 1800 in 8 years.

How many years will rupees 1800?

∴ Time = 2 years.

At what rate will a sum of Rs 1000 amounts to Rs 1102.50 in 2 years at compound interest?

Therefore, the sum of $Rs\,1000$ will amount to $Rs\,1102.50$ in two years at $5\\% $ per annum compound interest compounded annually. So, the correct answer is “5\%”.

At what rate percent will a sum of 1000?

Therefore ,R = 5\% p.a.

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What is the principal of 800 at 10\% compounded semi-annually?

In how many years will a sum of Rs. 800 at 10\% per annum compounded semi-annually become Rs. 926.10? Principal = Rs. 800 Amount = 926.10

What is the rate of compound interest on Rs 30000?

The compound interest on Rs. 30,000 at 7\% per annum for a certain time is Rs. 4,347. The time is: 10). A sum of Rs.8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound interest is :

How does Rs 8000 compounded semi-annually earn Rs 1261 per month?

Rs 8000 compounded annually completes ONE compounding period in 18 months and earns Rs 800 in interest. NO interest is earned for the remaining 6 months. RS 8000 compounded semi-annually earns Rs 400 for the first six months, RS 420 for the second six months and Rs 441 for the final six months, for a total of Rs 1261.

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How do I calculate the rate of compound interest per half year?

Use the compound interest formula where n = number of years and 2n is number of periods or number of half years. 0.05 is rate per half year if compounded semiannually 8.31 = n Solve for n in years. 8 clever moves when you have $1,000 in the bank. We’ve put together a list of 8 money apps to get you on the path towards a bright financial future.