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Mathematics

On a certain sum the rate of C.I. is x% per annum for the first two years and y% per annum for the next three years. Then the amount after 5 years is :

  1. (1+x100)(1+y100)\Big(1 + \dfrac{x}{100}\Big)\Big(1 + \dfrac{y}{100}\Big) times

  2. (1+x100)3(1+y100)2\Big(1 + \dfrac{x}{100}\Big)^3\Big(1 + \dfrac{y}{100}\Big)^2 times

  3. (1+x100)2(1+y100)3\Big(1 + \dfrac{x}{100}\Big)^2\Big(1 + \dfrac{y}{100}\Big)^3 times

  4. (1+x100)2(1y100)3\Big(1 + \dfrac{x}{100}\Big)^2\Big(1 - \dfrac{y}{100}\Big)^3 times

Compound Interest

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Answer

By formula,

A = P(1+r100)nP\Big(1 + \dfrac{r}{100}\Big)^n

Given,

On a certain sum the rate of C.I. is x% per annum for the first two years and y% per annum for the next three years.

Amount after 5 years=P(1+x100)2(1+y100)3.\text{Amount after 5 years} = P\Big(1 + \dfrac{x}{100}\Big)^2\Big(1 + \dfrac{y}{100}\Big)^3.

Hence, Option 3 is the correct option.

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