The compound interest on a sum for 4th year is ₹ 6000 and compound interest for 5th year is ₹ 6750(interest is compounded annually). What is the rate of interest?
A25%
B20%
C12.5%
D15%
No.1 PSC Learning App
★
★
★
★
★
Related Questions:
If the compound interest on a principal for one year is Rs. 200 and the compound interest for 2nd year is Rs. 240. Find the rate of interest.
The simple interest on a certain sum of money invested at a certain rate for 2 years amounts to Rs.
1200. The compound interest on the same sum of money invested at the same rate of interest for 2 years
amounts to Rs. 1290. What was the principal?
At what percent per annum will Rs 3,000 amount to Rs. 3,993 in 3 years if the interest rate is compounded annually ?
2 വർഷത്തേക്കുള്ള 10000/- രൂപയ്ക്കുള്ള സാധാരണപലിശ 2400 രൂപ ആണെങ്കിൽ അതേമൂലധനത്തിന് 2 വർഷത്തെ കൂട്ടുപലിശ എത്രയാണ്?
A trader invests ₹50,000 at an annual compound interest rate of 6%. Find half of compound interest received after 3 years.