The sum of money which becomes Rs.2420 at 10% rate of compound interest after two years is

ExamCompetition Forum Question Papers Ask A Question Mock Test Learn & Earn Sign Up Login Menu

18 vote

The sum of money which becomes Rs.2420 at 10% rate of compound interest after two years is

Asked on 2017-12-01 09:32:28 by Guest | Votes 18 | Views: 132 | Tags: mathematics | compound interest | quantitative aptitude | ssc | Add Bounty

The sum of money which becomes Rs.2420 at 10% rate of compound interest after two years is
1). Rs.2000
2). Rs.1000
3). Rs.2500
4). Rs.1500

Share on Facebook

Share on Whatsapp

Share on Twitter

6 answers

35 vote

Answered by Guest on 2018-01-20 01:52:02 | Votes 35 | #

option 1 is the right answer

Join Telegram Group

32 vote

Answered by Guest on 2018-05-02 17:41:08 | Votes 32 | #

Here is the right answer

A= P $1+\frac{R}{100} ^{T}$

P =$\frac{2420\times 10\times 10}{11\times11}$

= Rs. 2000

2 vote

Answered by Guest on 2019-04-26 20:12:38 | Votes 2 | #

2000

0 vote

Answered by Guest on 2019-07-14 09:43:01 | Votes 0 | #

P

1 vote

Answered by Guest on 2019-07-14 09:42:49 | Votes 1 | #

2000

3 vote

Answered by Guest on 2019-09-29 11:53:38 | Votes 3 | #

2000

Answer This Question
Name:
Email:
Answer :
Sum of (2+5)
Submit:

Other Questions

1. A sum of money Invested at compound Interest amounts to Rs.650 at the end of first year and Rs.676 at the end of second year. the sm of money is :

2. The difference between the compound Interest and simple Interest for the amount Rs.5,000 In 2 years Is Rs 32. The rate of Interest is

3. What is the difference (in Rs) between the compound interests on Rs. 4000 for 1 year at 12% per annum compounded yearly and half-yearly?

4. A sum becomes Rs.2,916 in 2 years at 8% per annum compound Interest The simple Inter- est at 9% per annum for3years on the same amount will be

5. Simple interest on a certain sum of money for 3 years at 18% per annum is half the compound interest on Rs. 9000 for 2 years at 10% per annum. The sum placed on simple interest is:

6. Rs. 16,820 Is divided between two brothers of age 27 years and 25 years. They Invested their money at 5% per annum compound interest In such a way that both will receive equal money at the age of 40 years. The share (In Rs.) of elder brother is

7. If the compound interest on a certainsum for 2 yearsat 4% p.a. is 7 102. the simple Interest at the same rate of interest for two years would be

8. An amount of money at compound Interest grows up to Rs.3.840 In 4 years and up to Rs.3.936 In 5 years. Find the rate interest.

9. The compound interest on Rs.2000 in 2 years if rate of interest is for percent per annum for second years, will be

10. The difference between the compound Interest (compounded annually) and the simple interest on a sum of Rs 1000 at a certain rate of interest for 2 years is Rs 10. The rate of interest per annum is

General Knowledge Questions

English Language and Comprehension