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At what rate percent per annum will₹4000 amount to₹4410 in2 years when compounded annually?
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Intrest =amount-principle SI=(p×r×t)÷100 आपका उत्तरअतिथि के रूप में पोस्ट करेंName ईमेल Here the amount A = 4410 so A = p(1+r)ⁿ so, time is 2 years. At what rate per cent per annum will Rs 4000 amount to Rs 4410 in 2 years Question: At what rate per cent per annum will Rs 4000 amount to Rs 4410 in 2 years when compounded annually? Solution: Let $R \% p . a .$ be the required rate. $A=4410$ $P=4000$ $n=2$ years Now,$A=\mathrm{P}\left(1+\frac{R}{100}\right)^{n}$ $\Rightarrow 4410=4000\left(1+\frac{\mathrm{R}}{100}\right)^{2}$ $\Rightarrow \frac{4410}{4000}=\left(1+\frac{R}{100}\right)^{2}$ $\Rightarrow \frac{441}{400}=\left(1+\frac{R}{100}\right)^{2}$ $\Rightarrow\left(\frac{21}{20}\right)^{2}=\left(1+\frac{R}{100}\right)^{2}$ $\Rightarrow \frac{21}{20}-1=\frac{R}{100}$ $\Rightarrow \frac{21-20}{20}=\frac{R}{100}$ $\Rightarrow \frac{1}{20}=\frac{R}{100}$ $\Rightarrow R=\left(\frac{1 \times 100}{20}\right)=5$ Hence, the required rate is $5 \%$ p.a. Home At what rate percent per annum will a sum of Rs. 4000 yield compound interest of Rs. 410 in 2 years? Open in App Solution Principal (P) = Rs. 4000 C.I = Rs. 410 ∴ Amount (A) = Rs. 4000 + 410 = Rs. 4410 Let rate =R% p.a. Period (n) = 2 years. ∴ Amount =P(1+R100)n ⇒AP=(1+R100)2 ⇒Rs.44104000=(1+R100)n ⇒4414000=[1+R100]2 ⇒(2120)2=(1+R100)2 Comparing, we get 1+R100=2120=1+120 ∴R100=120⇒R=10020=5 ∴ Rate =5% p.aSuggest Corrections 32 Same exercise questions Q. A sum amounts to Rs. 756.25 at 10% per annum in 2 years, compounded annually. Find the sum. Q. What sum will amount to Rs. 4913 in 18 months, if the rate of interest is 1212% per annum, compounded half-yearly. Q. Find the principal of the interest compounded annually at the rate of 10% for two years is Rs. 210. Q. The difference between the compound interest and simple interest on a certain sum at 15% per annum for 3 years isRs. 283.50. Find the sum. Q. On what sum will the compound interest at 5% p.a. annum for 2 years compounded annually be Rs. 164? View More At what rate% per annum will a sum of Rs 4000 yield compound interest of Rs 410 in 2 years?Hence, the answer is 5%.
At what rate per cent per annum compound interest will Rs 4000 amount to Rs 5324 in 3 years?Hence, Rs. 4000 will amount to Rs. 5324 at 10% per annum in 3 years. Was this answer helpful?
At what rate per cent per annum compound interest will Rs 4000 amount to Rs 6000 in 2 years if the interest is compounded half yearly?Hence the rate of interest is 10%.
In what time will 4000 amount to 4410 at 5% per annum compounded annually?so, time is 2 years.
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