Present value, P = Rs.5000 Show
Amount, A = Rs.5832 Time, n = 2 years Now, Amount (A) = P (1 + R/100)n [Where, A = Amount with compound interest P = Present value R = Annual interest rate n = Time in years] ∴ Amount (A) = P (1 + R/100)n ⇒ 5832 = 5000 (1 + R/100)2 ⇒ (1 + R/100)2 = 5832/5000 ⇒ (1 + R/100)2 = 2916/2500 ⇒ (1 + R/100)2 = (54/50)2 ⇒ 1 + R/100 = 54/50 ⇒ R/100 = (54/50) - 1 ⇒ R/100 = (54 – 50)/50 ⇒ R/100 = 4/50 ⇒ R = 400/50 ⇒ R = 8 ∴ Rate = 8 %. Free Syllogism (Clear Your Basics) 10 Questions 10 Marks 10 Mins Latest RRB Office Assistant Updates Last updated on Sep 21, 2022 IBPS RRB Clerk Provisional Allotment List (CRP-RRBs-X) released on 22nd September 2022. Earlier, the IBPS RRB Clerk Prelims Scorecard (CRP RRBs XI) was released on 13th September 2022. The Mains Examination will be held on 24th September 2022. The IBPS RRB Clerk Admit Card for the Mains Exam (CRP-RRB-XI). has also been released and candidates can download the same by 24th September 2022. The final selection of the candidates will be based on their scores in the Mains Exam. A total number of 4483 vacancies are released for the RRB Office Assistant 2022. With a decent pay scale of Rs. 11,765 to Rs. 31,540, it is a golden opportunity for job seekers. Prepare well for your excam with the help of IBPS RRB Clerk books. Let's discuss the concepts related to Interest and Compound Interest. Explore more from Quantitative Aptitude here. Learn now! Present value, P = Rs.5000 Nội dung chính Show
Amount, A = Rs.5832 Time, n = 2 years Now, Amount (A) = P (1 + R/100)n [Where, A = Amount with compound interest P = Present value R = Annual interest rate n = Time in years] ∴ Amount (A) = P (1 + R/100)n ⇒ 5832 = 5000 (1 + R/100)2 ⇒ (1 + R/100)2 = 5832/5000 ⇒ (1 + R/100)2 = 2916/2500 ⇒ (1 + R/100)2 = (54/50)2 ⇒ 1 + R/100 = 54/50 ⇒ R/100 = (54/50) - 1 ⇒ R/100 = (54 – 50)/50 ⇒ R/100 = 4/50 ⇒ R = 400/50 ⇒ R = 8 ∴ Rate = 8 %. Free IBPS RRB Office Assistant Prelims Full Mock Test 80 Questions 80 Marks 45 Mins Latest RRB Office Assistant Updates Last updated on Sep 21, 2022 IBPS RRB Clerk Provisional Allotment List (CRP-RRBs-X) released on 22nd September 2022. Earlier, the IBPS RRB Clerk Prelims Scorecard (CRP RRBs XI) was released on 13th September 2022. The Mains Examination will be held on 24th September 2022. The IBPS RRB Clerk Admit Card for the Mains Exam (CRP-RRB-XI). has also been released and candidates can download the same by 24th September 2022. The final selection of the candidates will be based on their scores in the Mains Exam. A total number of 4483 vacancies are released for the RRB Office Assistant 2022. With a decent pay scale of Rs. 11,765 to Rs. 31,540, it is a golden opportunity for job seekers. Prepare well for your excam with the help of IBPS RRB Clerk books. Ace your Interest preparations for Compound Interest with us and master Quantitative Aptitude for your exams. Learn today!
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At what rate percent per annum compound interest will 5000 amount to 5032 in 2 years?Thus, The rate percent of compounded annually per annum will be 8% .
What will be the compound interest on 5000 in 2 years?Expert-Verified Answer
=> ₹6050 - ₹5000 = C.I. => ₹1050 = C.I. So, the compound interest on ₹5000 for 2 years at the rate of 10% is ₹1050 .
What is the compound interest on Rs 5000 for 2 years at rate of interest 4% per annum?[Solved] The compound interest on Rs. 5000 at 4% per annum is Rs. 408.
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At what rate percent per annum compound interest will 5000 amount to 5832 in 2 years
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