What will be the compound interest on 4000 for 2 years at the rate of 5% per annum?


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Updated On: 27-06-2022

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What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?

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Rs. `4000` की एक राशि `5%` वार्षिक चक्रवृद्धि ब्याज दर से `2` वर्ष में कितने रूपये हो जाएगी ?

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Calculate the difference between compound interest and simple interest of Rs 4000 for 2 years at the rate of interest 10% per annum.

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What will be the compound interest on 4000 at 5% per annum in 2 years?

So, the correct answer is “410 Rs.”.

What is the compound interest on Rs 4000 for 2 years at the rate of 10% per annum?

4961∴ C.I. = A - P = Rs. 4961 - 4000=Rs. 961 [c]

What does 5% interest compounded annually mean?

Compound interest is the interest you earn on interest. This can be illustrated by using basic math: if you have $100 and it earns 5% interest each year, you'll have $105 at the end of the first year. At the end of the second year, you'll have $110.25.

What is the amount on ₹ 4000 at 10% pa for 2 years?

Complete step by step solution: According to our question, P=4000,r=10%,n=2years. On Calculation A we get, A=P[1+r100]n⇒A=4000[1+10100]2⇒A=P[1+ Hence the amount after 2 years will be 4840 and it'll only work as the principal amount for simple interest.

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