Mathematics
For a particular year the simple interest at 10% is ₹ 800. The compound interest for the next year at the same rate is :
₹ 880
₹ 800
₹ 720
₹ 968
Related Questions
The compound interest on ₹ 5000 at 10% per annum and in 6 months amounts to :
₹ 5500
₹ 250
₹ 600
₹ 2500
The compound interest on ₹ 5000 at 10% per annum and in one year compounded half-yearly is :
₹ 1050
₹ 525
₹ 512.50
₹ 5512.50
A sum of ₹ 20,000 is lent at 12% compound interest compounded yearly. The compound interest accrued in the second year will be :
₹ 4800
₹ 288
₹ 2688
₹ 5088
During the year 2022, the interest accrued at the rate of 5% is ₹ 1250. The compound interest accrued at the same rate during the year 2023 is :
₹ 1312.50
₹ 62.50
₹ 6250
₹ 2000