Challenger App

No.1 PSC Learning App

1M+ Downloads
വർഷത്തിൽ കൂട്ടുപലിശ കണക്കാക്കുന്ന ഒരു ബാങ്കിൽ ഒരാൾ 2,000 രൂപ് നിക്ഷേപിച്ചു. രണ്ട് വർഷം കഴിഞ്ഞപ്പോൾ തുക 2205 ആയി എങ്കിൽ പലിശ നിരക്ക് എത്ര ?

A8%

B2%

C5%

D7%

Answer:

C. 5%

Read Explanation:

2000(1 +R/100)² = 2205 (1 +R/100)² = 2205/2000 =441/400 (1 +R/100) = 21/20 R/100 = 21/20 - 1 =1/20 R = 1/20 × 100 =5%


Related Questions:

A bank gives 12% per annum interest on an account. If the interest is compounded halfyearly, then _______ of the principal would have been earned more in a year as interest on the account.
The Simple Interest on a sum of money for 2 years is Rs.50 and the Compound Interest on the same sum at the same rate for the same time is Rs.51.25. Find the rate of interest per annum
The compound interest of Rs. 30000 at 7% per annum is Rs. 4347, the period is
Calculate the compound interest for Rs. 12,000 for 2 years at 10% compounded annually?.
Ajay received ₹41,160 for lending ₹z for 3 years at the rate of 40% per annum compound interest. What is the value of z (in ₹)?