A. Rs. 5000 Show
B. Rs. 5200 C. Rs. 5280 D. Rs. 5400 Solution(By Examveda Team)$${\text{Rate 8% = }}\frac{2}{{25}}$$
Hence required sum = Rs. 5000 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! Solution : Let the compound inteest be r% . <br> `:.` The amount of Rs. 5000 in 2 years `=Rs. 5000xx(1+r/100)^(2)` <br> As per question `5000xx(1+r/100)^(2)=5832` <br> or `(1+r/100)^(2)=5832/5000` <br>or `(1+r/100)^(2)=726/625` <br> or `(1+r/100)^(2)=(27/25)^(2)` <br> or `1+r/100=27/25` [ by taking square root of both of the sides] <br> or `r/100=27/25-1` ltbgt or `r/100=2/25` or `r=(2xx100)/25=8` <br> Hence the rate of compound interest is 8% per annum. Solution Answer : Rate of compound interest will be 8% per annum Given A = 5832 Given P = 5000 Given n = 2 yrs Let rate of compound interest per annum is r% Apply compound interest formula A = P*[(1 + r/100)^n] 5832 = 5000[(1 + r/100)]^2 5832/5000 = [(1 +r/100)]^2 (adsbygoogle = window.adsbygoogle || []).push({}); 2916/2500 = [(1 +r/100)]^2 There are so many method to find square root of 2916 and 2500 you can use long division method for finding root of 2916 and 2500 54/50 = [1 + r/100]....... (took square root on both sides) 54/50 - 1 = r/100 4/50 = r/100 r = 8% Hence rate = 8%At what rate percent compound interest will 5000 amount to 5832 in 2 years?Hence rate = 8%
At what rate compound interest per annum will 5000 amount to 5618 in 2 years?Detailed Solution
Rate. I . × 100 P × T = 168.54 × 100 5618 × 1 = 3 % p .
What is the compound interest on rupees 5000 for 2 years?∴ Compound interest is Rs.1050
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What rate per annum compound interest will Rs 5000?5000 at 8% per annum compounded annually.
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