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get at what rate of compound interest per annum will a sum of rs 1200 from screen. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?Click here👆to get an answer to your question ✍️ At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?  Question At what rate of compound interest per annum will a sum of Rs.1200 become Rs.1348.32 in 2 years?A 6%B 6.5%C 7%D 7.5%Easy Open in App स्रोत : www.toppr.com At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years? Compound InterestEasy Questions Moderate Questions Difficult Questions Compound Interest Tutorial AptitudeNumber System Simplification Fractions Elementary Algebra LCM and HCF Average Approximation Unitary Method Linear Equation Quadratic Equation Discount Surds and Indices Percentage Square root and cube root Order of Magnitude Profit and Loss Odd Man Out and Series Work and Wages Algebra Stocks and Shares True Discount Ratio, Proportion Partnership Alligation or Mixture Time and Work Pipes and Cistern Speed, Time and Distance Problem on Trains Height and Distance Banker's Discount Boats and Streams Races and games Problems on Ages Clocks and Calendars Simple interest Compound Interest Sets and Functions Area and Perimeter Volume and Surface Area of Solid Figures Sequences and Series Plane Geometry Logarithm Probability Permutation and Combination Statistics Mensuration Trigonometry Aptitude miscellaneous At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years? 7.5% 6.5% 7% 6% Correct Option: DHere , Amount ( A ) = ₹ 1348.32 , P = ₹ 1200 , Rate ( R ) = ? , Time = 2 years A = P 1 + R T 100 ⇒ 1348.32 = 1200 1 + R 2 100 ⇒ 1348.32 = 1 + R 2 1200 100 ⇒ 134832 = 1 + R 2 120000 100 ⇒ 11236 = 1 + R 2 10000 100 ⇒ 106 2 = 1 + R 2 100 100 ⇒ 106 = 1 + R 100 100 ⇒ 1 + 6 = 1 + R 100 100 ⇒ R = 6% per annum. स्रोत : interviewmania.com At what rate of compound interest per annum will a sumAt what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years? a) 6% b) 6.5% c) 7% d) 7.5% Examveda At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?A. 6% B. 6.5% C. 7% D. 7.5% Answer: Option A Solution(By Examveda Team)LettheratebeR%p.a. Then,1200× (1+ R 100 ) 2 =1348.32 ⇒ (1+ R 100 ) 2 = 134832 120000 = 11236 10000 ∴ (1+ R 100 ) 2 = ( 106 100 ) 2 ⇒1+ R 100 = 106 100 ⇒R=6% LettheratebeR%p.a.Then,1200×(1+R100)2=1348.32⇒(1+R100)2=134832120000=1123610000∴(1+R100)2=(106100)2⇒1+R100=106100⇒R=6% Join The DiscussionRelated Questions on Compound Interest A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is: A. Rs. 120 B. Rs. 121 C. Rs. 122 D. Rs. 123 E. None of these View Answer The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum (in Rs.) is: A. 625 B. 630 C. 640 D. 650 E. None of these View Answer There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? A. Rs. 2160 B. Rs. 3120 C. Rs. 3972 D. Rs. 6240 E. None of these View Answer What is the difference between the compound interests on Rs. 5000 for 1 1 2 112 years at 4% per annum compounded yearly and half-yearly? A. Rs. 2.04 B. Rs. 3.06 C. Rs. 4.80 D. Rs. 8.30 View Answer More Related Questions on Compound Interest Read More: MCQ Type Questions and AnswersArithmetic Ability Competitive Reasoning Competitive English Data Interpretation General Knowledge History Geography Current Affairs Banking Awareness Computer Fundamentals Networking C Program Java Program SQL Database HTML CSS Javascript PHP Computer Science Electrical Engineering Mechanical Engineering Civil Engineering Chemical Engineering Commerce Management स्रोत : www.examveda.com Do you want to see answer or more ? At what rate of compound interest per annum will sum of Rs 1200 becomes 1348.32 in 2 year?134832=1200(1+R100)2(1+R100)2=1348.301200(1+R100)2=1123610000(1+R100)=106100R=6%
At what rate of compound interest per annum will a sum of Rs 1200 become Rs 1452 in 2 years?=>R=10 %
At what rate of compound interest per annum will a sum of rupees 1200 become 1399 point 68 into years?⇒ R = 6% per annum.
What will be the compound interest on a sum of 1200 for 2 years?A sum of Rs. 1,200 becomes Rs. 1,323 in 2 years at compound interest compounded annually.
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At what rate of compound interest per annum, a sum of rs. 1200 becomes rs. 1348.32 in 2 years?
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