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.

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.
1). 2.5%
2). 2%
3). 3.5%
4). 2.05%

SSC CGL Books

---

Join Telegram Group

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

Other Questions

1. The simple and compound interest that can be earned in two years at the same rate is Rs 1,000 and Rs 1,040 respectively. What is the rate (percent per annum) of interest?

2. At what rate of compound interest per annum will a sum of Rs 20000 become Rs 25088 in 2 years?

3. A sum borrowed under compound interest doubles itself In 10 years. When will it become fourfold of itself at the same rate of interest

4. What is the compound interest (in Rs) for 1 year on a sum of Rs 20000 at the rate of 40% per annum compounding half yearly?

5. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 900. What is the value of given sum (in Rs)?

6. The principal that yield a compound interest of Rs.420 during the second year at 5% per annum is

7. Kamal took Rs.6800 as a loan which along with interest is to be repaid in two equal annual instalmments.if the rate of interest is 12 1/2, compounded annually. then the value of each instalment is

8. In what time will Rs.1000 amounts to Rs.1331 at 20% per annum compounded half-yearly

9. A certain sum of amounts to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years at some rate of compound Interest, compounded annually. The rate of Interest per annum is

10. 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